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GROUPE INDOSUEZ WEALTH MANAGEMENT

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Groupe Indosuez Wealth Management : Indosuez Wealth Management appoints seasoned Relationship Manager Arthur Cheng to its North Asia team

11/24/2021 | 03:20am EST

Singapore, 24 November 2021 - Indosuez Wealth Management in Asia ("Indosuez"), the global wealth management brand of Crédit Agricole group, has appointed Senior Relationship Manager, Arthur Cheng as Executive Director in the Singapore Branch.

Based in Singapore, Arthur reports to Alfred Low, Head of North Asia Markets and Strategic Partnerships at the bank's Singapore branch.

Arthur has close to 25 years of experience in the banking industry and spent the last 16 years at senior levels in private banking. Prior to his appointment with Indosuez, Arthur held senior wealth management roles in DBS Bank Private Bank and BNP Paribas Private Bank in Hong Kong SAR as well as UBS Taiwan.

Alfred Low, Head North Asia Markets & Strategic Partnerships, Singapore, Indosuez, commented: "As we further expand our North Asia coverage presence, it has been exciting to see strong interest from established bankers. They are attracted by our unique ability to combine the strength and depth of a global financial institution in Credit Agricole group, with the entrepreneurial spirit of Indosuez Wealth Management." Arthur is a hands-on private banker who is intimately involved in the North Asia markets, which gives him a ringside understanding of clients' needs. "We are confident that he will serve our clients well and deepen our ultra-high-net-worth coverage capabilities."

Omar Shokur, Chief Executive Officer, Asia and Branch Manager, Singapore, Indosuez, said: "We place a great emphasis on our business in the North Asia region, where wealth creation is exponential, by having strong local teams and global expertise to serve these sophisticated clients. Our North Asia teams are a core strength of the bank, and this attribute is well-recognised by our high-net-worth and ultra-high-net-worth clients. Arthur's deep set of client and wealth management experience further augments our Greater China bench strength as we continue to grow our franchise in this pivotal market segment."

Media contacts

Indosuez Wealth Management
Leanne Sim leanne.sim@ca-indosuez.sg
Adrian Wong adrian.wong@ca-indosuez.hk

PR agency - Ruder Finn Asia
Ng Rui Sin ngrs@RuderFinnAsia.com
Vanessa Teo teov@RuderFinnAsia.com
RFSingapore_indosuez@RuderFinnAsia.com

About Indosuez Wealth Management
Indosuez Wealth Management is the global wealth management brand of Crédit Agricole group, ranked 10th in the world in terms of total assets (The Banker - July 2021, based on results at the end of 2020).
Shaped by more than 145 years of experience supporting families and entrepreneurs around the world, Indosuez Wealth Management offers a tailor-made approach that allows our clients to build, manage, protect and pass on their wealth according to their goals and ambitions. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets.
Renowned for its international reach combined with a human scale, Indosuez Wealth Management has 3,060 employees in 10 locations around the world, in Europe (Belgium, France, Italy, Luxembourg, Monaco, Spain and Switzerland), Asia-Pacific (Hong Kong SAR, New Caledonia and Singapore) and the Middle East (United Arab Emirates).
With 128 billion euros in assets under management (as at 31/12/2020), Indosuez Wealth Management is one of the global leaders in wealth management.

About Indosuez Wealth Management in Asia
Indosuez Wealth Management has a solid foundation in Asia as a pioneering bank with more than a century old heritage, when Banque de l'Indochine opened its historic offices in Hong Kong SAR and Singapore. From these two locations, branches of CA Indosuez (Switzerland) SA, almost 350 highly specialised wealth managers combine their knowledge of the region with the vast opportunities provided by the global network of Indosuez Wealth Management and the Credit Agricole group.

Disclaimer

CFM Indosuez Wealth published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 08:19:02 UTC.


© Publicnow 2021
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Financials
Sales 2020 116 M 132 M 132 M
Net income 2020 21,8 M 24,7 M 24,7 M
Net cash 2020 455 M 516 M 516 M
P/E ratio 2020 24,6x
Yield 2020 2,17%
Capitalization 567 M 643 M 643 M
EV / Sales 2019 2,74x
EV / Sales 2020 0,69x
Nbr of Employees 389
Free-Float 29,9%
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Mathieu Ferragut Chief Executive Officer
Vincent Thomas Director-Finance, IT, Operations & Organization
Jean-Marie Sander Chairman
Michel Cresp Director
Jean Delamalle Director