Deutsche Bank Private Wealth Management has announced two new hires to its North Asian business as it looks to strengthen its succession planning capabilities.

Date: May 7, 2010

Tags: Deutsche Bank Private Wealth Management, Teddy Chu, Hong Kong, HSBC Private Bank, Wealth planning

Deutsche Bank Private Wealth Management has announced two new hires to its North Asian business as it looks to strengthen its succession planning capabilities.

Teddy Chu is the bank’s new head of wealth planning for North Asia, and Andrew Chan has joined as a wealth planner.

Chu and Chan, who are both based in Hong Kong, previously held senior wealth planning positions at HSBC Trustee in HSBC Private Bank in Hong Kong.

At Deutsche Bank, their mandate is to create wealth preservation and succession solutions for clients in North Asia.

Said Mark Smallwood, head of wealth management solutions for Deutsche Bank Private Wealth Management in Asia Pacific: “Succession planning and wealth management has increasingly become a key concern, particularly among high net worth individuals in Asia.”