Published by Wealth Briefing Asia – 28th July 2017
The Singapore-based lender has announced a new CIO for its consumer banking and wealth management division.
DBS has appointed a new chief investment officer for its consumer banking and wealth management division, Hou Wey Fook. He takes the helm from Lim Say Boon, who has spent seven years with the Singapore-headquartered bank and is to leave DBS to return to Australia for family reasons.
The new CIO has 30 years of fund management experience, and was most recently at Bank of Singapore where he held various senior management roles including CIO, head of discretionary portfolio management and funds.
He started his career at Government of Singapore Investment Corp followed by OCBC Asset Management before joining ING Asia Private Bank, later renamed Bank of Singapore.
In his new role, he reports to Tan Su Shan, group head of consumer banking and wealth management, and will start the new role in early September.
