Dear all,
After 2 years of excellent service in China, Jim Huang, SVP and Head of PCM is leaving China to take up a new position in Hong Kong. Sam Yu, SVP and Head of Multinationals will take over Jim Huang's position. Michael Hung of IBM CRM will relocate from Hong Kong to China to assume Sam's position. The above changes will be effective January 16, 2008, while Jim Huang will see the transition through until end of January.
During Jim Huang's tenure in China, he has restructured and rebuilt ABC PCM business to be one of the market leading practices. Significant progress is made in team building, product offerings and client development. Sam has proven himself as a strong leader in his capacity of managing a multinational portfolio. His team is among the most frequent marketers of PCM service, working in partnership with PCM. Sam is the ideal candidate to lead and further build up ABC PCM franchise to the next level, namely the most profitable and highest quality of service.
Michael is not a stranger to China. He worked in TWM CRM for 30 months before moving to Hong Kong in 2002. Michael also has wide ranging experience in corporate banking and custodian business within ABC Group.
Let us thank Jim Huang for his service and welcome Sam and Michael to their new roles.
KK Yong
Managing Director
Head of Corporate and Institutional Banking
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