Asian Wealth Management Team

Pictet’s banking licence in Hong Kong is the latest milestone in its growth and expansion in Asia. Over the last year, Pictet has made a number of new senior appointments in Hong Kong and Singapore, including Sharon Chou, Head of Wealth Management for North Asia, Richard Mak, Regional Head of Advisory Services, and Anuj Khanna, Head of Wealth Management for South Asia.

"This latest development will not only benefit our clients but also support our ongoing focus on hiring senior bankers", said Claude Haberer, CEO of Pictet Wealth Management in Asia. "Bankers and clients recognise the unique partnership model of Pictet, one which is inherently independent of the potential conflicts of being part of a larger financial group." 

While Pictet is one of the most stable banks internationally – AA- rated, the highest possible rating for a bank with this legal structure – it remains highly specialised, focused only on wealth and asset management and fund distribution.

Pictet has been operating in Asia for over 25 years. Hong Kong will now serve as one of five booking centres globally, complementing regionally Pictet’s existing bank in Singapore.