EFG has appointed a vice chairman for Southeast Asia, following their retirement from Bank of Singapore last year. Effective immediately, Robin Heng is now the vice chairman of Southeast Asia at EFG, the pure play private bank announced in a statement on Tuesday. Based in Singapore, Heng will report directly to Albert Chiu, executive chairman, APAC at EFG and functionally […]

The post Ex-Bank of Singapore private banking co-head resurfaces at EFG appeared first on Asian Private Banker.

From the rise of the Magnificent Seven and AI, to resurgent Chinese and Japanese markets, 2024 represented a return to form in terms of private banking client activity compared to the doldrums of 2022 and 2023. Nevertheless, the industry in Asia was stunned by several notable departures and appointments at top private banks. Below, Asian Private Banker highlights the most […]

The post HSBC, Bank of Singapore, VP Bank: The exec moves that shocked the industry in 2024 appeared first on Asian Private Banker.

In November, Bank of Singapore shook up its leadership structure as one of its senior team announced his retirement. Meanwhile, several private banks lost alternative investment heads, despite the asset class gaining momentum. Among the significant departures last month are HSBC Global Private Banking’s (HSBC GPB)  head of investment and wealth solutions for Southeast Asia, Jeffrey Yap, and Omar Shokur, […]

The post Movers & Shakers: Bank of Singapore shakes up leadership; alts heads depart appeared first on Asian Private Banker.

Bank of Singapore has announced the departure of a veteran private banker as part of management and structure changes in the city-state, according to an internal memo seen by Asian Private Banker.  New management in Singapore hub Robin Heng, a veteran of the bank and current co-head of private banking, Singapore, is retiring at the end of the year, Bank […]

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Bank of Singapore has appointed a new market head for its Philippines office, according to an internal memo seen by Asian Private Banker. Effective today, Melanio Manjoy Lazaro has been named as market head and chief representative of Bank of Singapore’s Philippines representative office. Lazaro joined Bank of Singapore a decade ago. In September last year, he was appointed as chief […]

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Bank of Singapore is placing bets on the ASEAN region for business growth by catering to the wealth management needs of rich individuals, both onshore and offshore. Robin Heng sheds light on the bank’s growth strategy. Heng currently manages the bank’s markets in the Philippines, Australia, Indonesia, Thailand, and Indochina, while Rodney Sin oversees offshore China, Japan, and the non-resident […]

The post How Bank of Singapore is riding the ASEAN wave appeared first on Asian Private Banker.

Bank of Singapore has hired two bankers from J.P. Morgan Private Bank as it expands its reach in the Southeast Asia and Australia markets, Asian Private Banker can reveal. Adrian Teo has joined the Singaporean lender as market head for the Philippines, Australia, Indonesia, Thailand and IndoChina. Based in the city-state, he reports to Robin Heng, global market head for […]

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Although AUM often typifies the success of a private bank, Bank of Singapore says that, above all, its priorities lie in adding value to client relationships by helping clients locate and assuage pain points. “We have a saying here: ‘AUM is vanity, revenue is sanity, and bonus is the RM’s reality’,” said Robin Heng, global market head for the Philippines, Australia, Indonesia, […]

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