Union Bancaire Privee (UBP) has announced the appointment of Teresa Lee as the new region head for North Asia and chief executive of Hong Kong.
Lee brings a wealth of experience from her previous roles at Bank of Singapore, where she served as head of Greater China and later as vice chair of Greater China. Her career also includes significant positions at Standard Chartered and ABN Amro Private Bank.
“We are delighted to welcome Teresa to UBP”, said Michael Blake, CEO for Asia. “Her appointment aligns with our ambitious plans to accelerate business development in North Asia and reaffirms our confidence in Hong Kong as a leading global wealth management hub”.
Blake emphasized Lee's strategic insights, client connectivity, and extensive experience in different market environments as key assets for leading UBP’s growth in the region.
Expressing her enthusiasm, Lee stated, “I am truly invigorated to join UBP and spearhead the North Asia region. UBP’s unique stature as a premier pure play in Asia, coupled with its clear and ambitious growth strategy, profoundly resonates with my professional ethos. The bank’s entrepreneurial spirit and nimble, client-focused approach are indispensable in navigating today’s rapidly evolving market landscape”.
Lee’s appointment is seen as a strategic move to bolster UBP’s presence and drive growth in North Asia, further solidifying Hong Kong’s role as a pivotal global wealth management hub.