Middle East

Bank of Singapore Strengthens Dubai Operations with New Compliance Head

Bank of Singapore has announced the recruitment of Jibu George, formerly of LGT Private Bank, as the new head of compliance for its branch within the Dubai International Financial Centre (DIFC).

George assumed his position on April 1 and now serves on the DIFC management committee. In this role, George directly reports to Kam Chin Wong, the global head of financial crime prevention, and Samuel Huen, who oversees global legal and regulatory compliance. Additionally, he works under the guidance of Ranjit Khanna, the chief executive of the DIFC Branch and head of private banking for Europe and the Middle East.

George brings with him a wealth of experience, having served as the chief risk and compliance officer for LGT Private Bank's Middle East operations since 2017. With a background that spans over 25 years in the UAE, George has held various positions at major financial institutions such as Merrill Lynch, ABN Amro, Dresdner Bank, and Barclays.

Ranjit Khanna emphasized the critical importance of the UAE and the Middle East to the Bank of Singapore's strategic expansion goals, aiming to increase its global presence. Khanna noted that the bank is dedicated to substantial investment in new talent, as well as in advancing its technological and infrastructural capabilities. George's appointment is highlighted as a key strategic move among several others, aimed at strengthening the bank's operations across its three main hubs.