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19 August 2008: Barclays Wealth makes strategic hire in response to wealth growth in Asia


Pheabe Chau appointed Singapore Head of Investment Specialists.


Barclays Wealth, 19 August 2008

Barclays Wealth has appointed Pheabe Chau as Singapore Head of Investment Specialists effective today, in a move that demonstrates its commitment in further strengthening its client servicing and advisory capabilities.

In her role with Barclays Wealth, Ms. Chau will oversee a team of Investment Specialists based in Singapore, and she will report to Thomas Fekete, the Global Head of Investment Specialists.

The Investment Specialist team offers Bankers an invaluable resource in advisory solutions, through adopting a systematic approach to asset allocation and risk management, providing strategic advice in optimizing returns and monitoring portfolios, as well as offering expertise across all asset classes.

Thomas Fekete said, “We are delighted to welcome Pheabe to our team.  Under her leadership, we are confident that the team in Singapore will provide best-in-class investment advice and trade ideas across all asset classes to our private banking clients, and ensure that our offering continues to set the industry benchmark.”

Didier von Daeniken, Asia Pacific Chief Executive of Barclays Wealth said, “The private banking business continues to thrive in Asia, and we are focused on expanding and building capabilities to further enhance our range of services to our clients.  This new appointment will strengthen our client servicing and advisory expertise, and ensure that we are well-positioned to take advantage of market opportunities.”

Ms. Chau was most recently Senior Vice President, Investment Advisory at RBS Coutts Bank Ltd, responsible for setting up investment advisory services for the bank’s private banking joint venture with Bank of China in Beijing and Shanghai.  She also spent three years with RBS Coutts in Singapore, where she managed a team of investment advisors. 

Prior to that, Ms. Chau held senior positions in various financial institutions over a 20 year span across Hong Kong and Singapore.

For further information contact:

Barclays Wealth
Gan Lee Meng  
+65 6308 3772 / leemeng.gan@barclaysasia.com

Ogilvy Public Relations Worldwide, Hong Kong
Cindy Gan  
+852 2884 8656 / cindy.gan@ogilvy.com
Rita Ngai  
+852 2884 8584 / rita.ngai@ogilvy.com

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