KUALA LUMPUR: HSBC has opened its flagship Wealth Centre in Malaysia, located in Menara IQ at the Tun Razak Exchange (TRX), to cater for HSBC’s Premier Elite and high-net-worth clients.
The opening ceremony at TRX was officiated by Liew Chin Tong, Deputy Minister of Investment, Trade and Industry, and witnessed by Datuk Omar Siddiq, CEO of HSBC Bank Malaysia, and Linda Yip, country head of international wealth and premier banking, HSBC Bank Malaysia.
“The opening of HSBC’s wealth centre in Malaysia solidifies KL's position as a regional investment hub. The objective extends beyond wealth management to foster industry growth, channelling financial resources towards the industrial sector," said Liew.
"This strategic approach is geared towards propelling Malaysia as a key hub for manufacturing and technology, positioning KL for abundant global opportunities."
Commenting on the significance of the new Wealth Centre, HSBC’s Yip said, “Malaysia’s strong economic fundamentals provide a solid foundation for the growing wealth segment, which is important to the country’s aspirations to become a high-income nation."
"TRX’s position as Malaysia’s international business and financial hub also aligns with HSBC’s position as a leading international bank and wealth management provider in the country. Looking ahead, we aim to replicate this successful model in other key locations here where our footprint is already established.”
Visitors to the Wealth Centre will also be able to view the latest art installation by renowned Malaysian artist Red Hong Yi. Named “Red and Gold”, the artwork intricately intertwines over 11,811 20-sen coins to create the image of a golden hibiscus, Malaysia’s national flower.
