The longstanding veteran resigned after over 11 years with the Singaporean private bank. Marc van de Walle, senior managing director and global head of products with Bank of Singapore resigned earlier this week, a spokesperson for the bank confirmed.
“After more than a decade with the bank Marc Van de Walle has decided to pursue other interests,» the spokesperson said.
As for his successor, we will begin by evaluating internal candidates first, given our strong bench strength and their familiarity with the bank’s strategy. This does not exclude external candidates and we always welcome new talents to bring in new experiences and external insights into our organization.
Van de Walle first joined OCBC’s private banking arm in 2009 when it was acquired from ING where he had just spent over a dozen years including as its general manager of retail and private banking.
In his decade-plus stint with Bank of Singapore, Van de Walle oversaw an effective expansion of its product capabilities and achievements including in discretionary portfolio management (DPM) where it is a leader amongst Asian private wealth managers by asset penetration rate. In mid-2019, the bank said that it registered DPM asset growth of 40 percent in the previous two years.
