Senior hire will drive and grow China market franchise for Singapore Private Bank
J.P. Morgan Private Bank today announced the appointment of Elaine Zhang as China Market Leader for Singapore. Ms. Zhang will be based in Singapore and will report to James Wey, Head of Singapore and Southeast Asia, J.P. Morgan Private Bank. She is expected to start the new role in August.
Ms. Zhang joins the firm as Managing Director and will be responsible for leading, growing and developing the firm’s China market in Singapore. She will work with client teams to identify, build, nurture and deepen client relationships, as well as deliver complete wealth management solutions to clients. She will also be responsible for attracting, coaching and training the firm’s China market specialists in Singapore.
Ms. Zhang brings a wealth of experience to the role, with more than 20 years in the private banking industry, including extensive expertise in servicing ultra-high net worth Chinese clients and leading successful teams of China market relationship managers.
Most recently Ms. Zhang was Market Leader for Greater China in Singapore at Credit Suisse, where she served for more than a decade and successfully contributed to cultivating that firm’s Greater China client base in Singapore. Originally from Shanghai, Ms. Zhang has been based in Singapore for more than 20 years. Prior to joining Credit Suisse, she served in banking roles at American Express Private Banking (acquired by Standard Chartered), DBS Bank and Bank of China.
“I am thrilled to welcome Elaine to the J.P. Morgan team,” Mr. Wey said. “The China market is very important to J.P. Morgan and we are proud to provide industry-leading offshore private banking services to meet the growing demand from Chinese clients who have business or personal interests in Singapore. Elaine’s long-standing wealth management expertise, passion for client service and deep connections across the China market in Singapore make her ideally positioned to help us continue to grow our business and best serve our clients.”
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About J.P. Morgan Private Bank
J.P. Morgan Private Bank provides customized financial advice and strategies to help wealthy clients and their families plan, invest, borrow and bank with intent. Leveraging global capabilities in investing, philanthropy, family office management, credit, fiduciary services, special advisory services and more, the Private Bank brings clients’ investments and financial assets together into one comprehensive strategy to help them achieve their goals and secure the legacy they envision. The Private Bank manages more than $1.5 trillion in assets. More information about J.P. Morgan Private Bank is available at privatebank.jpmorgan.com/.
