Strategy & Practice Management

Bank of Singapore bolsters its Greater China business with three new senior hires

With the Greater China region holding close to one-fifth of the world’s ultra-high net worth wealth, Bank of Singapore has affirmed its commitment to this region by bringing on board three industry veterans.

Based in Hong Kong, the new hires are Market Heads, Ms Phonda Chan (seated in front, left) and Ms Anne Song (seated in front, right), as well as Head of Risk, Ms Jacqueline Lee (far right).
Together with the recent hiring of Ms Angel Wu, Head of Product Management Group, (standing, left) and Ms Teresa Lee, Market Head, (seated, middle) there are now 11 women helming 17 leadership positions in the branch.
The other two women in the photo are Head of Operations, IT & Finance Cindy Wong (far left) and Head of Human Resources Winnie Tam (standing, right).

The three newest hires, who come with extensive banking experience in the region, will report directly to Mr Derrick Tan, Chief Executive of Bank of Singapore Hong Kong Branch and Global Market Head for Greater China and North Asia.
The Greater China region – one of Bank of Singapore’s three core markets – has been a key contributor to the strong growth of the private banking arm of OCBC Bank.
As at 31 March 2018, Bank of Singapore’s assets under management (AUM) from this region grew more than 20% in the last 12 months. AUM per client similarly went up by more than 25% in the same period.