Singapore’s largest bank has announced the appointment of a Head of Portfolio Counselling and Product Strategy at DBS Private Bank.
John Ng will take up the role which is part of DBS Private Bank’s product advisory team. This is a newly created function in which Ng will provide strategic portfolio advice and formulate model portfolios to cater to the various market segments.
He will work closely with investment counsellors in the wealth management group to drive a consistent and institutionalised approach to portfolio recommendation, construction and review.
In the new position he will report into Audra Seah, Head of Investment Advisory & Capital Markets Solutions, the bank said in a statement.
Hired From City Rival
A career banker with over 23 years of experience, Ng was previously at Bank of Singapore, (BOS) where he spent eight years building and managing the research teams in cash equities, bonds, funds and private equity.
He was also responsible for product marketing which put together all product publications and communications. Prior to BOS, he was in asset management with Fortis Investments for four years in Europe.
Ng started his career in corporate banking and project finance where he spent 11 years with various banks in Singapore and Hong Kong.
