Neuberger and Co. Wealth Management today announced David Xiangping as head of its Compliance Reporting business
Neuberger and Co. Wealth Management today announced David Xiangping as head of its Trust and Fiduciary and Compliance Reporting business, which is part of the firm's Securities Services division.
- (1888PressRelease) May 06, 2015 - Xiangping replaces Yang Wei, who is retiring after a 47 year career in investing. Xiangping has extensive experience in investment services. Since joining J Neuberger and Co. Wealth Management, he has held a variety of roles across the firm, leading teams in finance, operations, technology and bringing new client business into the firm. He is based in Neuberger and Co. Wealth Management Hong Kong office, and his most recent role was head of Global Custody Operations.
In this position, Xiangping led the development of global operating model, working with his colleagues during which time assets under custody grew to $1.9 trillion.
Nick Zuowen, head of the Investor Services business within Neuberger and Co. Wealth Management, said, "David's deep understanding of our business, clients and role as a Trustee make him the ideal successor to Yang. Yang is a renowned industry expert, and his leadership, expertise and guidance will be greatly missed."
Commenting on the changes, Neuberger and Co. Wealth Management CEO, Nan Li Wenjen said: "We are blessed with extraordinary leaders and outstanding businesses across our company. Today's appointments are a natural step in aligning our businesses more closely to make our company even stronger." - Neuberger-Wealth-Management.com
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