Our Team

“Coming together is a beginning; keeping together is progress, working together is success”
- Henry Ford

Theekharoj (Bank) Piamphongsarn
Chief Executive Officer and Head of Operations

Theekharoj Piamphongsarn, known as Bank among his friends and colleagues, joined Ascend Wealth as a result of a recent friendly merger with Aurus Asset Management Pte. Ltd., also a Singapore-based Asset Management company which he co-founded in 2010. He brings with him almost a decade of exceptional success in providing strength and leadership in the areas of finance, marketing and operational execution. Bank oversaw and managed overall project developments at Aurus, while keeping close relationships with financial institutions & government agencies, which as a result, allowed the company to grow its main activity in the Asset Management business of High Net Worth Individuals with its primary focus in Asia.

Raised and educated in Switzerland from the age of 5, and from where he received his Bachelor of Science Degree in Business Administration from the University of Applied Science in Zurich, Bank immediately embarked upon a distinguished career in Private Banking, starting with Swiss Bank Corporation, Zurich in 1997, and progressing up the ladder in various Wealth Management positions with UBS AG that soon landed him in Singapore in 2005 as Client Advisor at UBS, Wealth Management Department covering the Financial Intermediary and Thai Market. Subsequently, Bank made the decision to service HNWI clientele by joining Bank Julius Baer, Singapore as Client Advisor for South East Asia Market, a position that he held until the end of 2009, when he then co-founded Aurus.

Fluent in English, German & Thai, Bank combines the astuteness and attention to detail of a Swiss Banker with the passion for life and creativity of a Thai entrepreneur. This combination serves him extremely well in understanding the complexities of doing business in Asia and how to identify opportunities and strategies that lead to profitable value investing for clients and partners.

Bruno Remondini
Managing Director, Head of Business Development and Senior Portfolio Manager

Before joining Ascend Wealth in November 2011, Bruno spent 12 years working for UBS AG as a Client Advisor and Portfolio Manager in Switzerland and in Singapore.

Starting his career in 1999 in Switzerland, he was promoted to a managerial position in the European Wealth Management Team.

He moved to Singapore in 2006 and since then has specialised in managing assets for European ultra high net worth investors, developing an intimate knowledge of the Asian markets. As Executive Director, he was deputy head of the Italy, Greece and Iberia team.

Bruno holds a Bachelor’s Degree in Political Sciences and Business Management from Geneva’s Unimail University in Switzerland (1999). In 2001, he obtained the UBS Wealth Management Diploma.

Bruno is a Swiss national. He speaks fluent Italian, French and English and is a Permanent Resident of Singapore.

Christopher Sim
Managing Director, Head of Client Advisory and Senior Portfolio Manager
 
Chris joins Ascend Wealth in August 2018, bringing with him over 25 years of private banking experience. 
 
Previously, with UBS AG London as Executive Director, Head of East Asia Desk, from 2005 to 2009, he looked after a large client base from Asia in addition to managing a team of other private bankers.  Prior to UBS AG, he was with Citibank Hong Kong and London looking after clients from Southeast Asia and the Indian subcontinent.
 
In 2010, he found and established Aurus Asset Management in Singapore, to focus on his vast network of ultra-high and high net worth individuals. 
 
He  holds a Bachelor’s Degree in Liberal Arts from Northwestern University in the United States. He is fluent in English and Korean, and proficient in Mandarin. 

Pietro Riccio
Managing Director, Head of Investments and Senior Portfolio Manager

Pietro is one of the most experienced financial services executives currently operating in Singapore. His career in the financial services industry has spanned some 26 years, with special focus on private wealth management. Prior to joining in November 2011, he worked with UBS AG Switzerland and, most recently, with UBS AG Singapore.

Pietro commenced employment in 1994 with the country desk for the Middle East and Africa in Swiss Bank Corporation, Zurich (which subsequently became UBS AG in 1998 after the bank’s merger with Union Bank of Switzerland in 1993). In 1996, he was promoted to the role of Client Advisor of UBS AG’s country desk for the Arabic Gulf, where he started to build and actively manage a client book of high net worth individuals. Pietro relocated to UBS AG Singapore in 2000 where he played a key role in setting up and developing the bank’s wealth management business conducted with non-Asian domiciled clients, first as a Client Advisor in the Southern Europe & Middle East markets and then from 2006 as a Senior Client Advisor and Executive Director for the bank’s ultra-high net worth client segment.

Besides speaking his mother tongue of Italian, Pietro is fluent in English, German, French and Spanish.

Pietro is a Permanent Resident of Singapore and holds Italian and Swiss passports.

Jackson Yu
Managing Director, Client Advisory and Senior Portfolio Manager

Jackson joins Ascend Wealth in August 2020 as a Managing Director.  Armed with over 30 years of experience in the financial industry, Jackson specialised in managing assets for ultra-high net worth investors for their investment needs.

Before this, Jackson had been a senior investment consultant in a few major private banks in Hong Kong such as Deutsche Bank, HSBC and Citibank, focusing on North Asian clients.

Prior to his career in the private banking sector, Jackson has been a FX & Treasury trader for Citibank, Toronto Dominion Bank, Royal Trust Asia and Credit Agricole.

Jackson was born and raised in Hong Kong.  He is fluent in English, Mandarin and Cantonese.

Samuel Cheung
Executive Director, Client Advisory and Portfolio Manager

Samuel joins Ascend Wealth in August 2020 as an Executive Director and Portfolio Manager, bringing along 15 years of experience in the private banking industry.

Samuel started his career as an auditor in Ernst & Yong Hong Kong.  Due to his strong interest in the financial industry, he decided to join JPMorgan Private Bank in Hong Kong as an investment consultant in 2006.

In 2010, Samuel went on to Deutsche Bank Wealth Management as an Executive Director, managing investment portfolios for ultra-high net worth clients.

Samuel holds a Bachelor of Commerce from University of Calgary in Canada.  Born in Hong Kong and raised in Canada, Samuel is fluent in English, Mandarin and Cantonese.

Veron Ow
Compliance Officer

Veron joins Ascend Wealth in June 2016 after a number of years in the banking industry starting from 1998. She has since worked in retail, private and investment banks such as DBS, Goldman Sachs and UBS AG.

Her experience spans extensively from back-room operations to front office. She last joined UBS AG Singapore in 2003, for the securities operations team in their investment banking arm. In 2006, she commenced her client servicing role in their High Net Worth client segment for the SEA region in the wealth management team.

Veron holds a Bachelor’s Degree in Business from Monash University (Australia) and is Singaporean.

Melissa Ong
Marketing Officer, Client Advisory

Melissa has worked in the financial industry since 2010, starting as an Institutional Credit Sales officer in Credit Agricole CIB before moving on to a client servicing role at Merrill Lynch’s Private Wealth segment. She then joined Aurus Asset Management, an External Asset Management company in late 2013 before moving to Ascend Wealth in August 2018.

Melissa graduated from Singapore Management University with a Bachelor’s Degree in Economics and is Singaporean.

Teh Eng Hoe
Marketing Officer, Client Advisory

Eng Hoe joins Ascend Wealth in October 2020 from The Fry Group, a financial advisory company, where he was in the client servicing role for their High Net Worth client segment. He started his career in the financial industry from 2011 and prior to his last position, he was Financial Adviser in retail banking at a few local banks.

Eng Hoe is a graduate from Singapore Polytechnic with a Diploma in Electrical and Electronic Engineering (Aerospace) and is Singaporean.