Bank of Singapore Boosts Ultra-High Net Worth Services with New Alternatives Expert Hire
In this article (3)
OCBC’s private banking division has appointed Bernard Heng, a seasoned expert in the wealth industry, to bolster its custom solutions for ultra-wealthy clients.
Appointment of a New Leader
The Bank of Singapore, the private banking arm of OCBC, has announced that Bernard Heng has joined the team as head of customized solutions. The move took effect from March 2, with Heng now reporting to Lim Leong Guan, the Global Head of Investment Solutions Group. In this capacity, Heng is responsible for spearheading the development, management, and implementation of intricate products and bespoke solutions, primarily for ultra-high net worth clients.
Industry Veteran
Bernard Heng brings with him a vast wealth of experience in wealth management and private banking. He has held key positions at global financial institutions such as UBS and Credit Suisse. His previous roles include that of Managing Director and Global Co-Head of the Private and Alternatives Group. Notably, Heng also served as the Principal and Head of Southeast Asia Private Financing at Apollo Management.
Questions & Answers
Who has been appointed as the head of customized solutions at the Bank of Singapore?
Bernard Heng has been appointed as the head of customized solutions at the Bank of Singapore.
What are Bernard Heng’s responsibilities in his new role?
Heng is tasked with leading the development, management, and implementation of complex products and custom solutions, with a focus on ultra-high net worth clients.
What past experience does Bernard Heng bring to his new role?
Heng has extensive experience in wealth management and private banking. He has held senior roles at UBS and Credit Suisse and was also the Principal and Head of Southeast Asia Private Financing at Apollo Management.