OCBC’s private banking arm has hired a former executive from Citi to support its family office-related efforts in the region.
Lynn Ong has joined Bank of Singapore’s family office and structuring solutions team, according to a statement. She reports to Guo Jiawen who leads the newly formed team within the financial intermediaries, family office and wealth advisory business unit. In the role, she will focus on engaging clients with family office advisory needs and developing the bank's strategic initiatives for single family offices.
Ong was most recently working at Citi Private Bank, where she advised global ultra-high net worth clients on family office as well as philanthropy planning and structuring across Singapore and Hong Kong. Previously, she worked at the Singapore Economic Development Board, leading the coverage of China and international markets to engage and advise investors seeking to establish businesses and family offices in the city-state.