People Moves

Julius Baer Names New Team Head For Global India Singapore Business

Amanda Cheesley Deputy Editor 30 March 2023

Julius Baer Names New Team Head For Global India Singapore Business

Former Julius Baer banker Komal Syal has rejoined the bank’s global India Singapore team.

Komal Syal was appointed this week as team head of Julius Baer global India Singapore team, the bank said in an internal memo seen by this news service.

Her appointment is effective immediately and she reports to Kunal Sumaya, group head, global India and Japan Singapore. The Swiss private bank confirmed the contents of the memo.

According to the firm, Syal is an experienced wealth manager with more than two decades of experience in managing clients and teams across Singapore and London. Syal was with Julius Baer Singapore from 2016 to 2017. Prior to re-joining the bank, she worked at Standard Chartered, BSI and RBS Coutts, amongst others.

Global India business is a key growth area for Julius Baer, with the country remaining the fastest growing economy in the world, according to the International Monetary Fund, despite the economic slowdown. 

Among other appointments, at the start of March, Julius Baer appointed one of its senior figures, Salina Cheung, to be group head for Greater China. The position is a newly-created one, the private bank told WealthBriefingAsia when asked about the matter. In December 2022, Jason Moo, head of private banking of South-East Asia and branch manager of Singapore, stepped down from his position at Julius Baer to pursue opportunities outside the bank. He was replaced by Jimmy Lee as ad interim head of private banking South-East Asia and Benjamin Sim as ad interim branch manager of Singapore. 

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