Digital asset banking group Sygnum has hired a 25-year private banking veteran as its CEO in Singapore. His predecessor and co-founder will stay with the firm to focus on capital markets and fundraising.
Sygnum Singapore has appointed Reto Marx as CEO, according to a statement, succeeding co-founder Gerald Goh who will become executive chairman of Sygnum APAC to lead leading capital markets and fundraising efforts, investor relations, and key strategic initiatives, particularly in the region.
Marx has 25 years of wealth management experience, most recently as CEO, co-head Singapore, and chief risk officer, Asia at VP Bank Singapore. Previously, he held various leadership roles across Hong Kong and Singapore at UBS, Credit Suisse, and Bank Sarasin.
“Reto’s appointment is part of our continued effort to further strengthen our senior leadership team in Singapore and Asia as we move into the next phase of growth,” commented Goh.
“With his extensive experience in wealth management across Singapore, Hong Kong and Australia, Reto is well placed to drive our digital wealth strategy forward and deepen our engagement with clients and institutional partners in the APAC region. Beyond being a strong leader on the sales and business development side, Reto will also bring significant expertise in the development of products & services as well as on risk management and regulatory topics, which will further bolster our organisational resilience as we scale.”
Sygnum is a digital asset banking group with dual headquarters in Switzerland and Singapore. It offers regulated digital asset banking, tokenization, and investment solutions to professional and institutional investors, banks, corporates and distributed ledger technology (DLT) foundations. According to its website, it currently has over USD6 billion in assets under administration and more than 2,300 high net worth and institutional clients globally.
