He has joined Singapore-based Deep Learning Investments as managing director.
Rajeev de Mello has left the private banking arm of OCBC Bank after just one and a half years as CIO to pursue other opportunities, according to a report by «CityWire Asia» on Wednesday.
During his time at Bank of Singapore, the firm saw strong growth from its discretionary portfolio management (DPM) business. It registered around 40 percent growth in the number of clients over the last two years, he told finews.asia in an interview in September.
According to his LinkedIn profile, the Swiss national previously spent almost nine years at U.K. fund manager Schroders, based in Singapore, where he was most recently head of Asian Fixed Income and co-head of Emerging Markets Relative. Before that, he was senior investment officer and Singapore country head for Western Asset Management for four years. He also spent eight years at Pictet and five at UBS as head of fixed income.
Another Top Executive Exits
De Mello's exit follows the October departure of Anson Sng, the head of the firm's discretionary portfolio management team, who left to start independent asset manager Raintree.