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Swiss firm MKS PAMP aims to help build Hong Kong as an international gold trading hub

Precious metals trader MKS PAMP joins a growing number of European firms that are expanding operations in the city

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MKS PAMP CEO James Emmett, centre, leads the opening of the Swiss firm’s regional headquarters in Hong Kong on Thursday, flanked by chief commercial officer Omar Liess and Angelica Leung, InvestHK’s head of consumer products. Photo: Handout
Julie ZhangandCheryl Arcibal
Switzerland’s MKS PAMP, one of the world’s largest refiners and traders of precious metals, has joined a growing number of European companies that are expanding operations in Hong Kong, drawn by the city’s strengthened focus on its financial services and commodity trading sectors.
The Geneva-based firm – locally known for minting the centenary gold bars for Bank of China (Hong Kong) in 2017 – on Thursday opened its 3,600 sq ft regional headquarters at the St John’s Building on Garden Road in Admiralty, a move that is expected to bolster the city’s role as an international gold trading hub.

“We decided to create a regional head office in Hong Kong because our clients wanted us to be making decisions in their time zone,” CEO James Emmett told the Post in an interview. “They wanted us to show the ability to move quickly here.”

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“We see long-term demand for precious metals being very strong in Asia. Structurally, it continues to increase,” he added.

The Swiss firm’s customers include banks, governments, watch and jewellery manufacturers, retailers and other precious metal refiners.

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The Hong Kong headquarters will serve as the company’s regional hub, overseeing a comprehensive suite of precious metals trading and financial services. Other core functions include regional sales and client relationship management, treasury operations and overall operational support for the Asia-Pacific region.

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