VP Bank appoints Chris Chee as Chief Risk Officer Asia

SINGAPORE – Media OutReach – 16 December 2021 – VP Bank
announces the appointment of Chris Chee as the Chief Risk Officer (CRO) Asia,
effective 16 December 2021, pending approval by the relevant financial market
authorities. The appointment comes just as the Bank announced the expansion of
its Hong Kong office in November, aligning with its Strategy 2026 to further
growth in Asia.  

Based in
Hong Kong, Chris will be responsible for all risk management strategies and
operations, as well as supervising the Bank’s legal and compliance functions in
Asia. He will report regionally to Pamela Hsu Phua (CEO Asia) and functionally
to Patrick Bont (Group CRO).

Chris has
20 years of experience in legal, risk and compliance, bringing with him
thorough understanding of risk management and the key markets in the region. He
has extensive knowledge of Asian AML/CTF laws and regulations, having worked
closely with Asian regulatory and supervisory regimes and held managerial
positions in legal, compliance, and risk. Chris began his career at the
Attorney General’s Chambers and the Manpower Ministry of Singapore as Public
Prosecutor prior to moving into the financial services industry. He
subsequently held leadership positions at RBC Singapore Branch, ANZ Bank
Singapore, UBS and DBS across China, Hong Kong, Singapore. He was also a
Founding Board Member of the Association of Certified Anti-Money Laundering
Specialists’ (ACAMS) Singapore Chapter in 2013 and was the Co-Chair from 2016
to 2018. Chris was most recently the Chief Legal, Compliance and Risk Officer
at BIL Wealth Management, where he was responsible for the firm’s
implementation and execution of the legal and compliance framework.

Welcoming
the new CRO Asia, Pamela Hsu Phua said, “I am delighted to have Chris join our Asia
Management Committee (Asia Manco). His appointment reflects our strong
commitment to Asia and I’m confident that his in-depth knowledge of legal, risk
and compliance will greatly contribute to the successful execution and
achievement of our Strategy 2026.”

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