Singapore, June 24, 2009 – Jimmy Lee Kong Eng has taken up his new role as Head Asia at Clariden Leu and will drive forward the implementation of the Swiss private bank’s growth strategy in Asia.

Jimmy Lee Kong Eng has taken up his new role as Head Asia at Clariden Leu in mid-June. He is a highly experienced private banker with a remarkable track record and a profound knowledge of the Asian market. Jimmy Lee Kong Eng will enhance the bank’s local expertise and strengthen Clariden Leu’s ability to meet the needs of a discerning clientele in Asia.

Stefan Hausherr, Head Operations Asia and former Head Asia on an interim basis, will remain in his function as Head Operations Asia and Branch Manager Singapore.

“With Jimmy Lee Kong Eng and Stefan Hausherr we are able to combine in-depth knowledge of the Asian market and Swiss private banking know-how. As a leading private bank with Swiss roots and an international orientation, we are very well positioned to continue our growth in Asia,” says Erich Pfister, Head of the Middle East & Asia Division. “Asia is one of the fastest growing markets in private banking and we are keen to expand our footprint in the Asia-Pacific region.”

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