The private bank is bringing on a veteran wealth advisor in a newly-created post to manage wealth creation and succession planning among China's growing elite.

Bank of Singapore, the private banking division of OCBC Bank, has created a new senior role to deepen its wealth and investment planning for the Greater China region.

Joanna Ho has been made head of wealth planning for Greater China and North Asia to help drive the bank’s wealth planning, family office, trust, succession and insurance offerings as the region gears up for record transfers of wealth over the next decade.

Based in Hong Kong, she reports locally to Angel Wu, head of product management for Hong Kong, and functionally to Tariq Saleim, global head of lending products, credit structuring and wealth planning based in Singapore.

Bank of Singapore chief executive for Hong Kong, Derrick Tan, said: “Wealth and succession planning has increasingly become a key concern, especially among the wealthy in Asia,” and Ho’s “in-depth understanding of the needs of wealthy families in Greater China is a great addition to our team.”

Most recently the UK and Canada-educated Ho was head of wealth planning and wealth solutions for Asia Pacific at HSBC Private Banking, where her focus was on clients in Greater China. She is also vice president of The Association of Women Accountants in Hong Kong.

Bank of Singapore serves high net worth individuals and wealthy families in markets across Southeast Asia, Greater China, the Philippines, and India; it has branches in Hong Kong and the Dubai International Financial Centre.