Pierre-F. Baer, CEO of SG Private Banking for Singapore & South East Asia, will discuss the state of private banking in Singapore and what is generally happening with clients in the region. With talks that private banks are on the hiring path once again, is business really recovering that fast? and what are clients now expecting from their private bankers?

Mr Baer has over 20 years of experience in the banking industry in Switzerland and Asia. He is responsible for the day-to-day operation of the Singapore Office and has marketing responsibilities for South Asia.

Singapore has shown impressive growth in the private banking industry over the past decade, with private banking assets growing from $50 billion in 2000 to $300 billion today. Singapore is now the second largest private banking centre internationally, holding 6 per cent of global private banking assets, behind Switzerland, which holds an 18 per cent share.