Singapore, 3 December 2010

Bank of Singapore strengthens its Institutional Business Team with new appointments

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Bank of Singapore (“BoS”) today announced four new additions to its institutional business team. The new appointments are Etienne Billaud, Executive Director; Cedric Stadelmann, Director; Stephanie Vite Hao Yen, Associate Director and Elaine Chia, Associate Director.

All four individuals will be responsible for providing tailored solutions to external asset managers and global family offices as well as those based locally in Singapore and Hong Kong.
Mr Etienne Billaud brings with him more than 10 years of private banking experience, having held senior roles in various international private banks including Credit Suisse, Pictet & Cie and UBS.

In his last position at Bank Pictet & Cie (Asia) Ltd, he was leading the Independent Asset Management Department, managing clients based in Singapore, Hong Kong and other key cities.

Commenting on the new appointments, Renato de Guzman, Chief Executive Officer of Bank of Singapore said, “It is timely for us to add to our diverse bench strength and multinational talent pool of relationship managers as we continue to see growth from clients wishing to tap on potential investment opportunities presented by emerging markets in this region.”