RBC Wealth Management's 2026 Asia Hiring Blitz: Every Senior Private Banker Appointment in Hong Kong and Singapore

RBC Wealth Management has been one of the most aggressive recruiters in Asian private banking in 2025–2026, increasing its relationship-manager headcount in the region by more than 50% over two years . The Canadian bank has announced well over a dozen senior hires in Hong Kong and Singapore, targeting ultra-high-net-worth clients and family offices across Greater China, Southeast Asia, and the global South Asian diaspora.

Here is a complete, source-verified guide to every confirmed appointment.

Six Senior Hires — July 2026 (Hong Kong & Singapore)

On 27 July 2026, RBC announced six senior private bankers in a single batch: three in Hong Kong and three in Singapore .

Hong Kong

• Ivy Ma — appointed as Executive Director. She has more than 20 years of financial markets experience, joining from Standard Chartered Bank where she was a market sales head. Earlier in her career she held roles at DBS in private banking, corporate banking, and retail banking finance positions .
• Jackson Huang — appointed as Director. He brings over 25 years of experience serving Greater China UHNW clients. His previous role was Senior Director at J. Safra Sarasin; earlier he held senior positions at DBS Private Bank, Julius Baer, and Goldman Sachs Private Wealth Management .
• Malcolm Chai — appointed as Associate Director. He joins from UBS Global Family & Institutional Wealth, where he co-managed UHNW clients, family offices, and institutions across Greater China and Southeast Asia. Earlier roles include relationship management at Julius Baer, as well as positions at OCBC and Credit Suisse in Singapore and Hong Kong .

Singapore

• Shirley Tee — appointed as Managing Director, Team Head. She has over 20 years of private banking, investment advisory, and client relationship management experience at leading global financial institutions. Her appointment was confirmed by Daniel Soo, RBC's Market Head for Singapore .
• George Joseph — appointed as Director. He brings more than 18 years of private banking experience in Singapore and Southeast Asia, joining from DBS Private Bank. Earlier roles include positions at ANZ and Citibank .
• Sindy Shi — appointed as Director. She joins with a strong background in private wealth management, rounding out the three senior Singapore-based hires .

Note: While the publicly available articles from finews.asia, WealthBriefingAsia, and PAM Insight provide less granular detail on Sindy Shi's specific prior employer, the appointments of all six individuals are confirmed through multiple sources including Chinese financial media, industry trade publications, and a LinkedIn announcement from RBC's Singapore market head .

Four Hong Kong Hires — June 2026

In June 2026, RBC hired four senior private bankers for its Hong Kong office :

• Amanda Yeung — joined as Managing Director, Team Head. She has over 25 years of wealth management experience, arriving from China Construction Bank (Asia) where she was Deputy General Manager and Deputy Head of Private Banking. Earlier roles include senior positions at Credit Suisse, DBS, and HSBC .
• Felix Yuan — appointed as Director. He brings more than a decade of private banking experience from Standard Chartered Private Bank, where he was a director managing HNW client relationships. His background also includes stints at Credit Suisse, BNP Paribas, and China Merchants Bank .
• Anthony Shiu — appointed as Director. He previously served as a director and private banker at BNP Paribas, focusing on the Greater China market. His career also includes positions at Citi Private Bank and Merrill Lynch .
• Desmond Kwong — appointed as Director. Prior to joining RBC, he was a director and private banker at Standard Chartered Bank, covering Hong Kong and China markets .

Thomas Jost — Head of Financial Intermediaries Desk (July 2026)

In a newly created Singapore-based role, RBC appointed Thomas Jost as Head of the Financial Intermediaries Desk in early July 2026 . Jost, a former UBS executive, will lead the strategic development and management of RBC Wealth Management's financial intermediaries business across Asia . This is a newly formed position, according to a spokesperson for RBC .

Global South Asia Team (June 2026)

RBC established a dedicated Global South Asia Team in Singapore, making three senior appointments focused on NRI (non-resident Indian) wealth management :

• Abhijit Shetty — joined as Managing Director, Team Head of the Global South Asia Team. He has more than 23 years of private banking experience across major institutions including Citibank, Standard Chartered Private Bank, DBS, ANZ, and HSBC .
• Sandesh A. (also reported as Sandesh Assao) — joined as Executive Director, Senior Relationship Manager from Bank of Singapore, with prior roles at Nomura, EFG, and Abu Dhabi Commercial Bank .
• Sudarshan V. Athreya — joined as Managing Director, Senior Relationship Manager, rounding out the three-member Global South Asia Team .

Earlier Hires (December 2025–March 2026)

RBC's Asia hiring push has been building steadily. Previous appointment rounds include:

• December 2025 (six private bankers across HK & Singapore): Cherry Wang (Executive Director, ex-Julius Baer), Jaime Huang (Executive Director, ex-Barclays), Irene Chua (Director, ex-UBS/Credit Suisse), Mandy Khew (Associate Director, ex-UOB), Arda Yan (Executive Director, ex-Societe Generale/Standard Chartered), and David Lam (Director, ex-Bank of China International/UBS) .
• March 2026 (four hires in Singapore): Johann Peck, Audwin Tay, Betty Wong, and Jessica Hung — all serving high-net-worth clients .
• January 2026 (three senior hires across Singapore & HK): Eric Kang (Senior Advisor, Southeast Asia), Bernard Chua (Senior Investment Counsellor), and Terrence Yeung (Director, Fixed Income Specialist) .

Leadership Reshuffle and Strategic Context

RBC has also reshuffled its Asia leadership to support the expansion:

• Daniel Soo joined from UBS as Managing Director and Market Head, Singapore in November 2025. He has 28 years of experience covering Southeast Asia and Greater China, with prior stints at Credit Suisse and Standard Chartered Private Bank .
• Nick Chan took on a broader remit to lead sales and relationship teams across Hong Kong and Singapore after the retirement of Southeast Asia head Michael Reed in late 2025 .

RBC Wealth Management was among the most active institutional hirers in Asia in 2025. The bank's strategy, under Asia head Rod Ireland, focuses on organic growth, advice-led banking, and meeting rising demand for complex cross-border wealth planning for UHNW families .

This wave of hiring reflects intensifying competition among international private banks in Asia's rapidly growing wealth management market. RBC's headcount expansion has primarily drawn talent from competitors including UBS, Standard Chartered, DBS, Credit Suisse, BNP Paribas, Julius Baer, Bank of Singapore, and Goldman Sachs .