Source: Media Outreach
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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