The senior executive brings with him more than 20 years of experience in global financial markets with an extensive research track record in currencies.
Bank of Singapore, the private banking arm of OCBC, has appointed Mansoor Mohi-uddin as its chief economist, a role in which he will also sit on the bank’s investment committee that decides on the strategic and tactical asset allocation calls for clients, the firm announced in a statement on Wednesday.
Mohi-uddin will be responsible for developing strategic views and research analysis on the macroeconomic and financial environment, and shaping Bank of Singapore’s economic outlook. He will report to Jean Chia, head of portfolio management and research office.
Mohi-uddin joins from NatWest Markets, the investment arm of the Royal Bank of Scotland, where he spent almost five years, first as head of FX strategy and then as managing director and macro strategist for almost five years. He previously spent 17 years at UBS at its FX desk in London, Zurich and Singapore.
Deepening Research Capabilities
«With increasing market uncertainties, the need for timely and insightful research capabilities to help investors navigate and identify the most attractive risk-adjusted opportunities is further amplified,» Chia said about the appointment. She said that Mohi-uddin will «deepen [the firm's] research capabilities to cope with the evolving macroeconomic environment.»
Yesterday, Bank of Singapore announced the appointment of Lim Leong Guan as its new global head of products, who joined from UBS where he was most recently its Asia Pacific head of wealth planning and Singapore head of investment products and services. Lim replaces Marc de Walle, the former head of global products at Bank of Singapore, who left in April this year.