HSBC makes senior appointments for Investments & Wealth Solutions

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HSBC has announced the appointment of Wei Mei Tan and Michael Wong within Investments & Wealth Solutions under Wealth & Personal Banking.

Wei Mei Tan is appointed as Global and Asia Head of Advisory, Investments & Wealth Solutions, based in Singapore.

Michael Wong is appointed as Regional Head of Ultra High Net Worth Solutions Group, Investments & Wealth Solutions, Asia Pacific, based in Hong Kong.

Both roles are effective immediately, reporting to Stefan Lecher, Regional Head of Investments and Wealth Solutions, Asia Pacific. Michael will also report to Patrick Boumalham, Global Head of UHNW Solutions Group on functional basis.

Wei Mei is responsible for advancing the Advisory offerings and platforms globally and in Asia with innovative solutions across the wealth continuum covering all client segments, including Private Banking, Premier and Personal Banking.

Wei Mei has over 20 years of experience across private banking, investment banking, asset management and fintech. Most recently, she was the Chief Advisory Officer at Endowus, a digital wealth advisor. Before that, Wei Mei was Managing Director and Global Co-Head for Advisory & Investment Solutions at Deutsche Bank Wealth Management. During her time with Deutsche Bank and, before that, Credit Suisse and UBS, Wei Mei led various portfolio solutions business units to focus on building recurring revenues and helped transform the investment platforms to engage clients digitally.

Michael is responsible for designing products and providing investment and financing advice for UHNW and family offices in the Asia Pacific.

Michael brings over 20 years of advisory and product development experience with major investment banks and private banks. Previously, Michael was part of the Global Family Office team at UBS where he held various roles over a ten year period, including in derivatives, capital markets and investment consulting covering UHNW, family offices and listed companies. He started his career with Merrill Lynch in equity derivatives sales covering hedge funds, pension funds, central banks, private banks and retail banks.

Commenting on the appointments, Stefan Lecher, Regional Head of Investments & Wealth Solutions, HSBC said, “At HSBC, we are committed to providing best-in-class capabilities to serve the whole wealth continuum across Wealth & Personal Banking with actionable insights and solutions. Having unified advisory services and unique UHNW propositions is of critical importance to the success of our Asian Wealth strategy. With the appointments of Wei Mei and Michael, I’m confident that we will deliver at pace, leveraging their experiences and expertise as well as the award-winning investment products and services of our private bank.”

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