Credit Suisse’s vice chairman of private banking, Fong Seng Tee, will be among three new additions to EFG International’s board of directors, according to a press release.
Tee has been a key player in Credit Suisse’s Asia Pacific region banking since 2009, first as head of market southeast Asia, and later as chief executive of the bank’s Hong Kong branch and head of market greater China.
His nomination to the board is scheduled for 27 April 2018, along with Gestron Services SA managing director John Spiro Latsis and KPMG board member Stuart Robertson.
According to a release, Latsis has been an active member of the board of directors of EFG European financial group since 2016.
Current members of the EFG board of directors will stand for re-election for another one-year term, including current chairman John Williamson.
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses currently operates in around 40 locations worldwide, with about 3,750 employees at end 2016.