Bordier & Cie has appointed Christian Skaanild as partner bearing unlimited personal liability.
Previously, Skaanild was partner and head of emerging markets private equity at Capital Group. He had been working with the firm for the last 18 years in locations such as London, Tokyo, Singapore and also Geneva.
Before, Skaanild worked from 1999 at Antfactory, a venture capital firm.
“Appointing Christian Skaanild enables us to continue our strategic development. His experience in the financial industry, his international profile and career in private equity will strengthen the Association and provide us with the requisite expertise to navigate these sophisticated markets, which have become essential for our wealth management clients,” said Grégoire Bordier, managing partner at Bordier & Cie.
In February 2020, The Military Commercial Joint Stock Bank (MB) in Vietnam introduced a wealth management unit, in association with Swiss private bank Bordier & Cie.
MB is the first local bank in Vietnam to offer a private banking service, using Bordier’s expertise. The two parties collaborated on the initiative in October 2018.
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By GlobalDataDubbed MB Private, the new unit aims to serve HNWIs in Vietnam.
Its service suite includes corporate banking, investments, bespoke lifestyle services along with credit solutions.
The new business is based at the MB Private Banking Center in Ho Chi Minh City.
MB CEO Luu Trung Thai said: “Private Banking is a long-standing service designed for individuals and families with significant wealth. The group is witnessing a substantial increase in size in Vietnam.
“However, although services such as asset management or investment advisory have existed for a long time in Vietnam, anchoring and delivering a holistic solution like private banking is still a challenge that has not been solved for domestic financial institutions.
“This is the motivation for our collaboration with Bordier & Cie, a leading Swiss private bank with over 175 years of experience, to create a top-quality service for Vietnamese high-net-worth individuals.”