Kelvin Teo has been announced as Bank of Singapore’s Head of Bespoke Investments for Greater China & North Asia, joining the bank as part of its ultra-high net worth bespoke investments team.
In his new role, Teo will avail unique and exclusive investment opportunities to UHNW clients in Greater China and North Asia. These opportunities, which have been gaining in traction among this segment of clients, include direct investment opportunities in regional unicorns and decacorns, and bespoke solutions in the areas of buyout funds and real estate-related financial instruments.
Based in Hong Kong, Mr Teo will report locally to Mr Derrick Tan, the Chief Executive of Bank of Singapore’s Hong Kong Branch and Global Market Head for Greater China and North Asia, and functionally to Ms Carolyn Tham, the Global Head of UHNW Bespoke Investments.
Mr Derrick Tan, Chief Executive of Bank of Singapore Hong Kong Branch and Global Market Head for Greater China and North Asia said, “We have seen an increase in demand for sophisticated product offerings and financial solutions among ultra-high net worth clients. To serve this demand, we are dedicated to growing a strong team to provide tailor made wealth management solutions to match our clients’ sophisticated level of investment needs.”
Tan continued “We are pleased to have Kelvin on board to lead these efforts in Hong Kong, focused on our ultra-high net worth clients. His extensive experience and leadership qualities will lend strength to our team as we continue to grow and deepen our market share in the Greater China region and enhance the quality of our services to our clients."
Mr Teo’s appointment strengthens Bank of Singapore’s already impressive bench strength in Greater China. Bank of Singapore also hired Mr Richard Hu as the bank’s Market Head for Greater China. Last year, there were three senior hires - Market Heads Ms Phonda Chan and Ms Anne Song, and Head of Risk, Ms Jacqueline Lee – all of whom have extensive banking experience in the region.
Mr Teo joins from Credit Suisse where he was Director, Equity Capital Markets in Hong Kong. He was responsible for the origination of capital market transactions for corporate and institutional clients in the Greater China region. He brings along 16 years of experience in investment banking, across various products including initial public offerings (IPOs), pre-IPO financing, private investment into public equity, listing by introduction, follow-on offerings, and acquisition financing.
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