Julius Baer appointed Malcolm Tay as group head of South-east Asia, a newly created role based in Singapore, it said on Monday. He joins the bank from Credit Suisse, where he was most recently deputy market group head and market leader for Indonesia. Before Credit Suisse, Tay spent 18 years at Deutsche Bank Wealth Management and was its group head of South-east Asia.

He also held stints at Merrill Lynch and was co-head of Citi Private Bank's Indonesia onshore private bank for a decade.