People Moves

Pictet Adds Banking, Airlines Luminary To Its Board In Singapore

Tom Burroughes, Group Editor, London, 4 December 2014

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Pictet, the Swiss private banking group, has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), its entity in Singapore.

Pictet, the Swiss private banking group, has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), its entity in Singapore.

In his role, Koh Boon Hwee will advise and provide guidance for the wealth management team and its board as well as for Pictet’s managing partners.

He has held prominent positions with some of Singapore’s leading companies during his career, including chairman of DBS Bank from 2006 to 2010, chairman of Singapore Airlines from 2001 to 2005 and chairman of SingTel from 1986 to 2001.

Bank Pictet & Cie (Asia) Ltd has been operating in Singapore for nearly 20 years, securing a merchant bank licence in 2004. Headed by Anuj Khanna, chief executive and head of South Asia, Pictet Wealth Management, Bank Pictet & Cie (Asia) Ltd has grown rapidly as part of the Bank’s overall Asian business.

Across the region, Pictet Wealth Management has developed from 12 bankers in Hong Kong and Singapore in 2010 to 40 bankers today. At the present, Bank Pictet & Cie (Asia) Ltd employs more than 100 staff.

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