HSBC Global Private Banking has made a series of senior appointments across Southeast Asia and Australia, expanding its high-net-worth and ultra-high-net-worth client coverage in key regional markets, according to an official statement.
Joanne Ng has been appointed desk head for the Singapore team. She brings over 22 years of experience in private banking, most recently at OCBC Premier Private Client. In her new role, Ng will lead a team of relationship managers focused on serving high-net-worth clients in Singapore.
In Australia, Tim Morse will join in August 2025 as senior business development manager. Morse previously held senior roles at Citi, J.P. Morgan and Deutsche Bank. He will be responsible for driving collaboration between HSBC’s onshore franchises and offshore private banking teams.
Tom Kinnear has also joined as a relationship manager, covering Australia and international markets. He reports to Kapil Khanna, who was earlier appointed desk head for Australia, Japan and international coverage, based in Singapore.
In Indonesia, Le Hong Sie takes on the role of senior relationship manager. She has more than 30 years of experience at the bank across corporate and institutional banking in Indonesia, and now transitions into private banking coverage from Singapore. Leonard Eggert, who previously worked at KfW and in corporate banking in Indonesia, also joins the team as a relationship manager.
In Malaysia, two new relationship managers have been appointed: Rayner Wong, who joins from Julius Baer, and Samuel Chi Hao Kee, who transfers from HSBC Premier.
“We’re continuing to build momentum across Southeast Asia by investing in top talent and deepening our cross-border capabilities. Our clients increasingly require personalised, multi-market wealth solutions, and we are well-positioned to deliver that,” said Tommy Leung, head of HSBC Global Private Banking for South Asia, according to the bank’s statement.
The appointments follow a string of hires announced earlier this year across Thailand, Vietnam, Malaysia, Indonesia, the Philippines and Japan, as HSBC continues to expand its private banking footprint in Asia. According to the bank’s 2024 financial disclosures, it recorded strong double-digit growth in wealth fees and sustained asset inflows in the region.
