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March 7, 2012updated 04 Apr 2017 3:42pm

Vineet Vohra HSBC’s new head of Asia Pacific Wealth Development

Based in Hong Kong,Vohra will drive the delivery of the Banks wealth management strategy by leading the build out of its wealth management capabilities in Asia. Louisa Cheang, HSBCs Group General Manager and Regional Head of Retail Banking and Wealth Management, Asia Pacific, said, The fast growing and large pools of wealth being created in Asia will stimulate increased demand for wealth management solutions

By Thomas McMahon

HSBC announced the appointment of Vineet Vohra as Regional Head of Wealth Development, Asia Pacific, effective immediately.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Based in Hong Kong, Vohra will drive the delivery of the Bank’s wealth management strategy by leading the build out of its wealth management capabilities in Asia.

Louisa Cheang, HSBC’s Group General Manager and Regional Head of Retail Banking and Wealth Management, Asia Pacific, said, “The fast growing and large pools of wealth being created in Asia will stimulate increased demand for wealth management solutions.

“With our strong global retail banking and wealth management capabilities, HSBC is strongly positioned to connect our customers to opportunities that will help them manage and grow wealth for the long term.

“With Vineet’s understanding of Asia’s emerging affluent market, I am confident that we will be able to advance our wealth agenda and deliver a comprehensive range of world class wealth management solutions to meet the evolving needs of our customers.”

20 years experience

Vohra brings over 20 years of experience in consumer banking, investment management, wealth products and distribution.

Prior to joining HSBC, he was the General Manager, Wealth Management, Private Bank, Retail Banking and Wealth Management, Asia Pacific, for ANZ Singapore, where he built the private and affluent platform across the region.  

Mr Vohra has also served in a number of leadership roles at Citibank and ING in Singapore and India.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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