finews.asia recently reported on the appointment of Johan Jooste as Chief Investment Officer at Bank of Singapore. The bank has now issued an update on other significant internal moves.
In a note the bank said upon regulatory approval of Johan Jooste as Chief Investment Officer (CIO), Hou Wey Fook will relinquish his position as CIO, to focus exclusively on his role as Head of Managed Investments.
Hou will be responsible for managing and growing Bank of Singapore’s managed investment solutions which include discretionary portfolio mandates, mutual funds, hedge funds as well as private equity funds.
Trust Specialist Added
The bank has also structured an experienced team of industry specialists to continue to expand this area. They include Tang Hsiao Ching, Head of Advisory and Sales who joined on 19 October 2015, and Edward Moon, Senior Product Specialist, who joined on 4 April 2016.
Bank of Singapore has also appointed Mark Farrell as Head of OCBC Trustee Limited to support the strategic development of sophisticated wealth planning and trust solutions.
Large Research Teams
OCBC Trustee is one of two trust companies owned by Bank of Singapore, the other being BOS Trust Company (Jersey) Ltd.
Another recent addition to the research and strategy team is James Cheo, who joined the Bank on 4 January 2016 as Investment Strategist.
«Bank of Singapore has built a reputation as Asia’s global private bank known for its strong Managed Investments capabilities, together with its wealth planning and premium advisory services. We are supported by one of Asia’s largest research teams, with key strengths in emerging markets. As a result, we are able to deliver superior investment returns and corresponding growth,» said Marc Van de Walle, Global Head of Products.
