UBS has hired former DBS banker Edmund Koh for the key roles of Singapore country head and chief executive officer for wealth management Singapore. Koh will join the Swiss bank early next year.
Koh was most recently at Ta Chong Bank, a mid-sized Taiwanese bank that Carlyle acquired in December 2007. The US private equity firm headhunted Koh the following year to lead a turnaround of the then loss-making lender. Koh joined as president of Ta Chong in May 2008 along with DBS colleagues Raymond Ang, who came on board to head consumer banking, and Mun-Yew Chew, who was hired as chief operating officer and head of strategy.
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