Ex-VP Bank CEO Joins WRISE Singapore's Board

The Singapore unit of external asset manager WRISE has appointed the former CEO of VP Bank to its board.

WRISE Singapore has appointed Paul Arni as non-executive director, according to a statement, effective immediately. In the role, he will be responsible for providing objective views on the firm's corporate strategies and plans, enhancing its strategy and governance, calibrating risk appetite, guiding the development of control frameworks and offering counsel on significant risk events.

Arni has over 30 years of wealth management and private banking experience, most recently as group CEO of VP Bank. Prior to that, he also worked at Deutsche Bank, Julius Baer and Credit Suisse.

«We warmly welcome Paul to WRISE Singapore's board as the firm continues to expand its reach and refine its strategic vision in a dynamic market,» said Derrick Tan, executive chairman, WRISE Group. «His deep understanding of the financial landscape, coupled with his expertise in strategic direction and risk management, makes him an invaluable addition.»