Private Banks

BIL appoints CEO of Wealth Management

Banque Internationale à Luxembourg (BIL) has announced the appointment of Hanzhi Ding as the new CEO of BIL Wealth Management in Hong Kong, subject to regulatory approval.

Ding joins BIL from Huatai International, a leading Chinese investment bank in Hong Kong and the global arm of China’s top-ranked financial group, where he served as Chief Strategist, Head of Business Development and Head of Investment Research, according to a BIL press release.

Previously he held various positions at Bank of America Merrill Lynch, Citigroup Global Markets and Nomura, all in Hong Kong. He possesses combined experience and proven track record in managerial functions, corporate solutions and investment advisory.

Ding holds a Master’s degree in Management Science and Engineering from Stanford University and a Master’s degree in Engineering from the University of Washington.

Private banking veteran and company founder Betty Tsui will remain member of the Board of Directors of BIL Wealth Management and will serve as its Vice Chairman.

Formerly named Sino Suisse Financial Group, BIL Wealth Management was acquired by BIL in February 2020. It will be the main platform for the Group’s wealth management activities in the Hong Kong/Greater Bay Area, says the firm.

With the support of its main shareholder Legend Holdings, BIL has been ramping up its services for Chinese clients over the past 12 months. In addition to BIL Wealth Management, in Hong Kong, the Bank has opened a Representative Office in Beijing and established dedicated wealth management China desks in Luxembourg and Switzerland to help the Bank create an international service network.

Once completed, this network will link up Luxembourg, Beijing, the Hong Kong/Greater Bay Area and Switzerland to provide Chinese clients with a global and diversified package of financial services.