Following its recent snaring of Tan Su Shan from Morgan Stanley, Singapore's DBS Private Bank has made two more big hires and six other appointments. These signal a shift in client advisory strategy and the growth of the firm's non-resident Indian NRI and Middle Eastern client businesses.
Lim Say Boon will join in October as chief investment officer CIO for the wealth-management business. He will spearhead the development of a global asset-allocation strategy with a strong Asia focus for DBS's clients.
The firm did have a chief strategist in the past, but Lim's role is an expanded one, as it covers both the private-banking and...
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