J. Safra Sarasin has poached a private banker from Julius Baer to lead a team covering Indonesia and Southeast Asia markets.
Bank J. Safra Sarasin has appointed Sutarmin Lili as a Managing Director, Client Advisory, effective 8 November 2016, the bank said in a statement today.
In his new role, Lili will manage a team primarily covering the Indonesia and Southeast Asian markets. He will report to Benedikt Maissen, (pictured) Chief Executive Officer in for Safra Sarasin in Singapore, where he will also be based.
Lili joins J. Safra Sarasin from Julius Baer, Singapore, where he had been a Managing Director since 2010, and was named to the Presidents’ Club in 2014 and 2015.
He joined Julius Baer from UBS and previously worked at PT Bank Lippo in Jakarta and BNP Paribas Indonesia. Beginning his banking career in 1989, Lili has also worked at Standard Chartered in Jakarta, PT Bank Danamon Indonesia and Citibank N.A. in Jakarta.
«Sutarmin highlights our determination to grow in Asia, expanding our market coverage as we deepen our expertise,» said Enid Yip, (pictured) who is head of Asia for Safra Sarasin.
