Jeremy Ng joins Leonteq in Asia as Deputy CEO
Leonteq AG (SIX: LEON), the Swiss-based independent technology and service provider for investment solutions, announces the hiring of Jeremy Ng, Executive Director of Goldman Sachs (Singapore) Pte., as Deputy CEO for Leonteq Securities (Singapore) Pte. Ltd. Jeremy Ng will join Leonteq in May 2015 with the responsibility of building Leonteq's business operations in Hong Kong and Singapore. He will be based in Singapore.
Jeremy Ng will be responsible for the distribution of Leonteq's structured products and building its specialised products platform, services and distribution business in the region. He will directly report to David Schmid, CEO of Leonteq Securities (Singapore) Pte. Ltd.. With the hire of Jeremy Ng as Deputy CEO and the announced partnership with DBS Bank Ltd, Leonteq demonstrates its commitment to further grow its business in the Asian markets.
Currently, Leonteq AG operates in Asia via its licensed subsidiaries in Hong Kong and Singapore with 41 employees in front- and back-office departments. Leonteq works with its issuance partners which are, among others, EFG International Finance (Guernsey) Ltd. and Notenstein Private Bank AG in the origination and distribution of structured products. The recently announced partnership with DBS Bank Ltd offers investors unique exposure to structured products issued and guaranteed by one of the best-rated banks in Asia.
Jan Schoch, CEO Leonteq AG: "Jeremy Ng is a very important hire for Leonteq. We are extremely glad to have such an experienced and highly distinguished manager as part of our growing franchise in Asia. Jeremy's background will allow us to bring our service depth up to another level for the benefit of our Asian clients."
David Schmid, CEO of Leonteq Securities (Singapore) Pte. Ltd.: "We are delighted to have Jeremy Ng on board and to have found such an experienced manager to further develop our Asian footprint.”