Julius Baer installs head of Southeast Asia PB

Added 11th January 2016

Formerly at Credit Suisse, Torsten Linke will be based in Singapore.

Julius Baer installs head of Southeast Asia PB

Linke will serve as the head of private banking for Southeast Asia, effective immediately. He will also serve as branch manager in Singapore pending regulatory approval, the bank said.

His responsibilities include the bank’s operations and development in Singapore and expanding the business presence and client base in Southeast Asia.

Linke will report to Jimmy Lee, head of Asia-Pacific. Lee himself joined the bank in October, and assumed his new role on January 1.

Linke replaces David Lim, who previously held the two positions. Lim has been appointed as vice chairman of Southeast Asia.

Lim is tasked with deepening and broadening client relationships and will also continue to provide advice on strategic initiatives, the bank said. He reports directly to Jimmy Lee.

In September, Julius Baer said it completed the transfer of Merrill Lynch’s International Wealth Management business (IWM) in India, about three years after aquiring it. It has now set up shop in India.

More recently, the Swiss bank took a stake in in Jupai, a US-listed Chinese wealth manager, FSA reported earlier.

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