ABN Amro Private Banking names Asia business development head

The private-banking arm of Dutch bank ABN Amro has made a trio of recent promotions to replace executives either relocating to Europe or taking up more senior roles in Asia.

Phyllis Fong becomes Asia head of business development to succeed Peeter Chris t Hart who will move to Nice, France as head of world citizen services. Fong was previously Hong Kong head of marketing and sales management, a post that will be incorporated into her expanded role.

Fong joined ABN Amro Private Banking Hong Kong as a business manager in 2005, before taking up the role of Hong Kong head of marketing and sales management in 2007. Prior to joining ABN Amro, she worked at Philip Morris Asia in Hong Kong and with the Gillette Group in Germany.

Further hires are planned in the region, says Fong, whose appointment follows two other recent promotions at the private bank.

Angel Wu, previously Hong Kong head of special products, became regional head of products and solutions on June 1. She succeeded Solange Rouschop who has moved to Belgium as head of products and solutions and business development for Belgium and Luxembourg.

Wu joined ABN Amro in 2006 and will remain located in Hong Kong, but will divide her time between Hong Kong and Singapore.

Fong and Wu report to Hans Diederen, Asia chief executive at ABN Amro Private Banking, who assumed that role in September. Wong also reports to Koen Spinoy, global head of business development at ABN Amro Private Banking International, while Wu's second reporting line is to Richard Bruens, global head of products and solutions.

Bruno Morel, currently head of treasury and special products (TSP) for Singapore, has been appointed Asia head of TSP. Reporting to Wu, he succeeds Arjan de Boer who became head of Hong Kong private banking in April after Diederen left that post.