Julius Baer appoints new SE Asia lead
(12 January 2016 – Singapore) Swiss private banking group, Julius Baer has appointed Torsten Linke to lead the business in South East Asia, taking over from David Lim, who will become vice chairman of operations in the region.
Linke has 30 years of experience in the industry and joins Julius Baer from Credit Suisse, where he was market leader for Indonesia. Prior to that, he was market manager for Indonesia at Standard Chartered Private Bank from 2009. He has also held a number of senior leadership and management roles at Deutsche Bank Private Wealth Management during 24 years in Singapore, London, Frankfurt and Hamburg, including head Strategy and Business Development for South East Asia, deputy head South East Asia and market manager for Indonesia.
His appointment is effective immediately and, subject to regulatory approval, Linke will also become branch manager Singapore.
Linke will be responsible for the bank's operations in Singapore and expanding its client base in South East Asia.
Commenting on the appointment, Jimmy Lee, head of Asia Pacific said ““Our South East Asia and Singapore businesses have seen significant growth in recent years. We are strongly committed to these markets. We are pleased to welcome Torsten to take on this important role.”
“At the same time, I would also like to thank David for his strong contribution in the past years and for taking up new responsibilities. Since joining the Bank in 2006, David has been instrumental in building up the Julius Baer franchise in South East Asia and Singapore and has played a pivotal role in the successful integration of the Merrill Lynch International Wealth Management business in Singapore,” said Lee.
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