Vontobel picks Süssli to lead Asia subsidiary

08 August 2014   Category: News, Asia, Global, Singapore, Europe, Switzerland   By Hui Ching-hoo

Vontobel Financial Products (Asia Pacific) (VFPAP), a wholly-owned subsidiary of Switzerland-based Vontobel Holding AG, has appointed Thomas Süssli to replace Fredy R. Flury as its new CEO, effective from October 1.

Prior to joining Vontobel, Mr. Süssli served at Credit Suisse, where he was primarily responsible for the external asset managers business.

Meanwhile, VFPAP has named Eugene Lee as head of sales, financial products, Asia-Pacific, with responsibility for the local sales activities for financial products. The appointment will be effective from September 1, 2014.

"With their outstanding track records and experience, Mr. Süssli and Mr. Lee are ideally qualified to lead the further expansion and strengthening of our financial products business in Singapore,” said Roger Studer, head of Vontobel Investment Banking.

He added that Mr. Flury will return to his original role in financial products risk management in Switzerland.

VFPAP is Vontobel’s Asian offshoot, which is mainly engaged in providing customised financial solutions for qualified professional investors in Singapore.