The growth of high-net-worth individuals in Asia has outpaced the growth in the number of relationship managers who have the expertise to serve them. The industry is now taking a more long-term view in training private bankers who are able to address the differing needs of Asian clients and can account for the geographical differences within the region itself.
The talent pool has been limited in part because of the rapid growth of the sector, and also because the wealth industry in Asia is relatively immature.
