Hong Kong, October 6, 2021 — RBC Wealth Management, part of Royal Bank of Canada (RBC) has today announced two further senior appointments to its relationship management team in Hong Kong.
Fenny Chan and Angela Chow are the latest Directors to join RBC Wealth Management’s private banking team to support high-net-worth and ultra-high-net-worth clients in the region. They will focus on working with families in Greater China who have international ties with Canada, the US or the British Isles as a result of business interests, employment, property or education – a key strategy for the Bank.
“As wealth continues to accumulate rapidly in Asia, RBC Wealth Management is uniquely positioned to support families who have international ties,” said Ignatius (Iggy) K.K. Chong, RBC Wealth Management’s Head of Private Banking for Greater China. “The evolution of schemes such as Wealth Management Connect is further cementing Hong Kong’s position as a fantastic base to serve multiple generations of wealthy families across Asia and creating further opportunities for RBC. Fenny and Angela bring considerable experience in addressing clients’ complex financial needs and we are excited that they will be part of our continued success.”
Fenny joins RBC after 25 years in senior client roles at HSBC, where she provided wealth solutions across banking, investment advisory and wealth planning. Angela previously worked at Credit Suisse AG, where she was Vice President, Relationship Manager supporting the wealth management needs of high-net-worth clients. Earlier in her career, she worked at BNP Paribas, LGT and Citibank (HK). Both report to Xygent Chan, who joined the firm earlier this year.
Over the past year, RBC Wealth Management has announced several new private banking hires – including eleven new relationship managers in Hong Kong – to support a growing client base and the Bank’s ambitions in the region.
In June, RBC Wealth Management announced that Vincent Cheng, Ellis Lau, Leo Zhang and Yoon Tae-Jung had joined as private bankers.
In February, RBC Wealth Management announced that Xygent Chan had joined as Executive Director to head a newly created Hong Kong private bank team
Ben Adams, RBC Wealth Management, +44 20 7653 4516, or ben.adams@rbc.com
RBC Wealth Management directly serves affluent, high net worth and ultra high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has almost C$1.2 trillion of assets under administration, C$975 billion of assets under management and more than 4,800 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.
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