Renato de Guzman
Bank of Singapore
Renato de Guzman, is CEO of Bank of Singapore, which is the former ING Asia Private Bank (IAPB) that was acquired by OCBC Bank in January 2010.
An accomplished banker with more than 35 years of banking experience, he has been instrumental in growing the private banking business in Asia when he was Chief Executive Officer of IAPB since 2000. Under his leadership, he achieved 41 % compounded annual growth in earning assets under management (2002 – 2007) and 39 % compounded annual growth in revenues in the same period. He received the ING Leadership Award for the successful turn-around of IAPB’s businesses in Asia.
Renato continues to build on Bank of Singapore’s success as a leading Asian private bank, registering US$39.6 billion in earning asset base (as of 31 December 2011), a 24% growth from 2010. Net new assets in 2011 was a record high of US$6.5 billion, up from US$2.0 billion in 2010.
Under his leadership, Bank of Singapore has received several industry accolades, including Most Outstanding Private Bank in Asia Pacific by Private Banker International in 2011; Best Private Bank in Singapore by FinanceAsia in 2010 & 2011; Best Private Bank for Relationship Management and Range of Investment Products in Philippines by Euromoney in 2010; and Best Private Wealth Management Bank in Southeast Asia and Singapore by Alpha South East Asia in 2010 & 2011. The Bank is also consistently ranked amongst the Top 3 Overall Private Banks and Best Domestic Private Bank in Singapore by Asiamoney.
Renato was Country Manager for ING Barings in Manila (1990 – 2000). He holds a Bachelor of Science in Management Engineering (Ateneo de Manila University), a Masters in Business Administration (with distinction) (Katholieke Universiteit Leuven, Belgium) and a Masters in Management (McGill University, Canada).