Zau will be based in Hong Kong with responsibility for overseeing Rothschild’s wealth management business in North Asia, which includes China.
She will report to Richard Martin, chief operating officer of the firm’s wealth management and trust business.
“Audrey Zau brings a wealth of private banking and investment experience in the Hong Kong market,” Martin said. “As well as understanding international markets, she has deep local networks and strong long term relationships.”
The firm believes its core investment offering is attracting wealthy Asian families “who wish to create a ‘nest egg’ of diversified assets across asset classes and international markets”.
Zau added: “The Rothschild name resonates extremely well in Asia and our heritage, long-term approach and focus on real wealth preservation fits perfectly with the needs of wealthy Asian families."
Previously, she was the head of wealth management for North Asia at BHI Investment Advisors, part of the Israel-based Bank Hapoalim Group. Prior to that, she spent 15 years as a senior director at HSBC.
According to Rothschild, its wealth management business has €21.6bn in assets under management and clients have an average €5m in investable assets.