Singapore , 22 Oct 2010Bank of Singapore appoints new division heads

Bank of Singapore has announced two new senior hires, with Ms. Jean Lee named Executive Director and Head of Human Resource, and Mr. Ambrose Law appointed Executive Director and Chief Finance Officer.

Ms. Lee brings a wealth of human resource management experience to the job, including more than 25 years in various senior roles in human resources at HSBC Private Bank, Deutsche Private Bank and Standard Chartered Bank.

Ms Lee’s appointment, along with the recent hiring of Ms. Corine Teo as Director of Human Resource, further strengthens the human resource management team as the Bank builds its bench strength of talent to grow its private banking business in Asia and beyond. Ms. Teo, a 15-year industry veteran, joined Bank of Singapore from HSBC Private Bank.

Mr. Law joins Bank of Singapore from Merrill Lynch where he served as CFO, Global Wealth Management, covering Merrill Lynch’s international private banking businesses in the Asia Pacific, European and Middle East regions. A chartered accountant by profession with over 30 years of experience, Mr. Law had held various senior positions in global accounting firms.

Commenting on the two new hires, Chief Executive Officer, Mr. Renato de Guzman said, “We welcome Jean and Ambrose aboard as members of our senior management team. Jean is a well-respected HR professional who had held senior HR advisory roles, providing valuable counsel to CEOs of several private banks in Asia. She has a thorough understanding of human capital management in banking and financial services. Ambrose, during his thirteen-year career as the CFO of Merrill, managed over USD100 billion in assets, and was actively involved in the strategic development of Merrill’s global wealth markets in India, China, Japan, Middle East, Europe and Australia.

“As members of the senior management team, Jean and Ambrose will no doubt be valuable contributors to our business as we continue to grow in Asia and beyond.”

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