The head of UOB Private Bank has left after seven years with the Singaporean wealth manager.
Ong Yeng Fang has resigned from UOB Private Bank after first joining more than seven years ago from Julius Baer in 2014.
A spokesperson for the bank confirmed the exit.
Ong has more than 30 years of banking experience, around half of which has been in private banking. In addition to UOB Private Bank and Julius Baer, she also worked at Bank of America Merrill Lynch’s wealth arm for three years as a managing director. Previously, she also spent 17 years with DBS’ corporate and investment banking unit.
In the first half of 2021, UOB’s assets under management for high affluent clients – which includes private banking clients – increased 7 percent to S$137 billion ($100 billion).
