OCBC (OCBC) to Double Wealth Advisers to 400 by 2026
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOCBC (OCBC) plans to increase its wealth advisory workforce in Indonesia to 400 by the end of 2026, following the acquisition of HSBC Holdings’ retail and wealth assets. According to Parwati Surjaudaja, client assets in Indonesia grew by 11% year-on-year to RP127 trillion ($7.1 billion). The strategy includes recruiting new relationship managers and redeploying existing staff to enhance services for affluent Indonesians. This expansion underscores OCBC's commitment to tapping into the Indonesian wealth management market amid changing dynamics in asset localization.
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