8 hours ago
HSBC names new head of wealth and premier solutions in Singapore
HSBC has announced the appointment of Ishan Sarkar as the new head of wealth and premier solutions (WPS) for Singapore.
Sarkar will assume his role on 1 July 2025, reporting to Ashmita Acharya, head of international wealth and premier banking, HSBC Singapore, and Stefan Lecher, head of wealth and premier solutions in Asia.
Sarkar began working with HSBC six years ago, most recently overseeing capital markets for HSBC Global Private Banking and Wealth in Southeast Asia.
He has 20 years of expertise in investment and sales positions at several top-tier global financial firms.
In his new position as head of WPS, Singapore, Sarkar will spearhead a 'differentiated' wealth strategy for the region.
This involves creating and overseeing a broad range of wealth products, platforms, and client experiences tailored to all customer segments, from premier to ultra-high net worth.
Acharya said: 'We aspire to be Singapore's leading international wealth bank, providing differentiated solutions for our globally mobile clients' wealth preservation and growth needs.
'I am confident that Ishan's expertise and leadership will bring the best of our diverse wealth solutions to clients across segments to help them reach their ambitions.'
Lecher added: 'The demand for world-class, innovative wealth management solutions and timely market insights is growing stronger than ever in Singapore.
'In his new role, Ishan will steer the team in Singapore to leverage our global network and deliver our investment and advisory solutions at pace for our clients to manage, grow and preserve their wealth for generations to come.'
Earlier in June, HSBC Asset Management launched the HSBC PLUS Active ETF range, entering the active ETF market with five new funds.
The company stated that this launch seeks to offer investors exposure to specific countries and regions, blending the advantages of ETFs with the potential for superior returns.
These funds are available to retail, wholesale, and institutional investors in eight European markets, including Austria, Germany, and the UK.
They will be listed on the London Stock Exchange, Borsa Italiana, and Xetra.
"HSBC names new head of wealth and premier solutions in Singapore " was originally created and published by Private Banker International, a GlobalData owned brand.
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