Editors

RBC has maintained a presence in Hong Kong since 1969 and Singapore since 1975.

The newly created role underscores Eastspring’s commitment to strengthening its intermediary business and enhancing client engagement in Asia’s wealth management sector.

The hires underscore J.P. Morgan’s continued push to strengthen its private banking presence in Greater China.

Abouzahr has held several leadership positions across the bank’s operations in Hong Kong, mainland China and the UK.

The Zurich-based bank has ushered in a fresh executive team to reset its course.

The banks penalized include Credit Suisse, UOB, UBS, Citi, Julius Baer and LGT.

The new fund is the latest addition to the firm’s broader US$11 billion AUM evergreen platform.

Ling is currently a team head of Wealth Planning for Hong Kong, Philippines and international market at the bank.

The report, which surveyed 360 family offices worldwide—including 76 from APAC—found that 65% of APAC families have formal succession plans, significantly higher than the global average (54%).

Lam was most recently a managing director and head of client group core APAC at AXA Investment Managers.

The transaction is expected to be wrapped up during the first half of 2026.

Chew will spearhead efforts to deepen relationships with family offices and private wealth clients across Asia, leveraging her expertise in alternatives distribution.