OCBC to double wealth advisers in Indonesia after HSBC deal – report
Key takeaways
- OCBC to double wealth advisers in Indonesia after HSBC deal – report OCBC client assets in Indonesia had grown by about 11% from a year earlier to RP127tn ($7.1bn).
- She said client assets in Indonesia had grown by about 11% from a year earlier to RP127tn ($7.1bn).
- The planned expansion in wealth management reflects OCBC’s focus on Indonesia after the May agreement to buy HSBC’s retail and wealth operations there.
OCBC to double wealth advisers in Indonesia after HSBC deal – report OCBC client assets in Indonesia had grown by about 11% from a year earlier to RP127tn ($7.1bn). Credit: Ridham Supriyanto/ Shutterstock.com. · Private Banker International · Ridham Supriyanto/ Shutterstock.com. Vidhya Edwards Munnangi Tue, June 23, 2026 at 6:49 PM GMT+7 2 min read O39.SI HSBC OCBC is preparing to increase its wealth advisory workforce in Indonesia, as the Singapore-based bank moves ahead with a wider push in the market after agreeing to acquire HSBC Holdings’ assets in the country, reported Bloomberg.
Parwati Surjaudaja, who leads OCBC Indonesia, said in an interview in Jakarta that the number of relationship managers will reach 400 by the end of 2026, with the increase coming from new recruitment and internal redeployments.
She said client assets in Indonesia had grown by about 11% from a year earlier to RP127tn ($7.1bn).