People Moves

ABN AMRO Hires Ex-BOS Executive As Private Bank Asia COO

Tara Loader Wilkinson Editor Asia 4 April 2012

 ABN AMRO Hires Ex-BOS Executive As Private Bank Asia COO

Dutch lender ABN AMRO has hired the former regional chief operating officer from Bank of Singapore for its top ranks.

Dutch lender ABN AMRO has hired the former regional chief operating officer at Bank of Singapore for its top Asia ranks.

Daniel Teo started in the role of country chief operating officer for Singapore and COO of private banking for Asia this week.

He was previously regional COO and managing director at Bank of Singapore. With 25 years of experience, he was one of the founding members of ING Asia Private Bank when it first started in 2001, said ABN AMRO in a statement. He also played an integral role in the successful integration of the ING business with OCBC and the launch of BOS from 2009 onwards.

It comes as the latest in a slew of appointments at the Dutch bank’s Asian arm. In January ABN AMRO hired Rajiv Sodhi as team leader and senior private banker, heading its non-resident Indian desk in Singapore. He was most recently based in Dubai with Merrill Lynch as senior private banker. Before Merrill Lynch, Sodhi worked at ABN AMRO Bank, Dubai as a senior relationship manager.

Alfie Lau was appointed in February as the regional head of private lending, based in Hong Kong. He was previously with Hang Seng Bank, where his roles included senior risk strategy manager and senior compliance project manager. Before that, he was the regional head of credit of private banking Asia at Fortis Bank. He also held a similar role in SG Private Banking for around seven years.

Also in February Josephine Feilzer joined the bank’s private wealth management and international desk, based in Singapore. She has held several senior roles within the energy, commodities & transportation finance teams at the bank and principal finance Asia, and was director of the financial institutions group in Asia. She has 13 years of experience.

The private wealth management and international desk in Asia connects the region to the bank’s established wealth network in Europe for synergies in its international referrals business, said ABN. “This move will also allow ABN AMRO to capitalise on these important client segments within ABN AMRO’s global businesses as part of its strong growth ambition in Asia,” the firm said in a statement.

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