OCBC’s private banking unit, Bank of Singapore, has recruited two ultra-high net worth private bankers for the Philippines from Switzerland's Credit Suisse.
The Singapore-based bank hired Arthur Ooi as a managing director and team head along with Brandon Ho, named as a senior relationship manager and executive director.
Ho reports to Ooi, who in turn will report to Robin Heng, market head for Indonesia and the Philippines. Ooi and Ho will be based in Singapore.
Ooi was most recently team leader at Credit Suisse for the Philippines, while Ho was team leader for emerging Asia investment consulting at the Swiss bank.
Evolving Private Bankers
Ooi is a solicitor, and both have legal and investment banking experience, which OCBC said reflects the evolving role of private bankers.
«Clients increasingly expect their private bank to help in all aspects of their lives,» said Heng, OCBC's head of Indonesia and the Philippines.
«This is especially true in the Asia Pacific region, where the majority of high-net worth individuals are successful entrepreneurs who have grown their own wealth and have their own views about investments.»
