The Bank of Singapore, the private banking subsidiary of OCBC, has just made another senior hire, the latest in a series of hires to add to the bank’s advisory and product solutions bench strength globally.

The Bank of Singapore has appointed Joey Tang (pictured) as head of the Investment Solutions Group Hong Kong, starting immediately.

Based in Hong Kong, he will report to Singapore-based Vivienne Chia, global head of the Investment Solutions Group; he will have a local reporting line to Rickie Chan, head of Private Banking, Greater China, and chief executive, Hong Kong branch.

Tang will spearhead the Bank of Singapore’s product and solutions strategy for the Hong Kong branch across areas such as capital markets, alternative investments and managed solutions, as well as lending advisory. He will also be responsible for driving the bank’s innovation of product capabilities in support of the clients in the Greater China region, the firm said in a statement.

Tang is an industry veteran with close to 30 years of experience in investment banking and private banking. Before joining the Bank of Singapore, he was the head of funds, alternatives, and solutions at the Bank of China (Hong Kong) Private Banking. In this role, Tang led a team focused on improving the private bank's investment platform capabilities and enhancing the professionalism of client service, the firm continued.

Prior to this, Tang was the head of the Greater China region and head of fixed income, commodities and currencies for Citigroup Global Markets where he took the lead in driving solutions in the Asia Pacific region, leading a multi-asset structured investment solutions team.

“We have seen an increase in demand for sophisticated product offerings and financial solutions among our clients. To serve this demand, we are dedicated to growing a strong team to provide personalised wealth management solutions to match our clients’ investment needs,” Chia said. “His extensive experience and leadership qualities will lend strength to our team as we continue to provide best-in-class investment solutions, helping clients achieve investment diversification and enhancing returns across portfolios, especially at this time of heightened macro uncertainty.” 

Tang’s appointment is the latest in a series of strategic hires to add to the bank’s advisory and product solutions bench strength globally. The Bank of Singapore recently made six new hires at its Dubai International Financial Centre (DIFC) branch to enhance its advisory and product offerings across the Middle East and Gulf Cooperation Council (GCC) markets. 

A number of firms have set up shop recently in Dubai and neighbouring Abu Dhabi, exploiting the rising level of demand for wealth management, for instance inter-generational wealth and business transfer advisory work. Hamilton Lane, a private markets investment management firm, has just opened its newest office in the Middle East in order to meet the needs of regional clients more effectively. Last November, Rothschild & Co also opened a wealth management office in Dubai, serving ultra-high net worth families, entrepreneurs, charities and foundations.

Headquartered in Singapore, the Bank of Singapore serves high net worth individuals and wealthy families in its key markets of Asia, Greater China, the Indian subcontinent and other international markets. It has offices in the Dubai International Financial Centre, Hong Kong, London, Malaysia and Manila.