EFG International AG appointed Tho Gea Hong CEO of its Singapore branch and Ivan Ferraroni head of global markets for Asia.

Tho Gea Hong's appointment is subject to regulatory approval, according to a July 30 release. She most recently served as CEO of Royal Bank of Canada's Singapore branch. She will replace Kong Eng Huat, who will retire at the end of the year.

Ferraroni's appointment will take effect in early October. He was previously head of Asia-Pacific client office at UBS Group AG's UBS Investment Bank.