People Moves

Bank Of Singapore Names DIFC Compliance Chief

Editorial Staff 2 April 2024

Bank Of Singapore Names DIFC Compliance Chief

The compliance chief in Dubai has worked in AML fields for more than quarter of a century, holding positions at a string of banks.

Bank of Singapore has appointed former senior LGT figure Jibu George as its compliance head in the DIFC branch, Dubai. 

The appointment took effect from yesterday, BoS said in a statement.

In his previous job, George was chief risk and compliance officer for the Middle East business of LGT Private Bank, serving in that post from 2017. He is a senior compliance and AML practitioner with over 25 years of experience in the UAE. Prior to his stint at LGT, George worked in Merrill Lynch, ABN Amro, Dresdner Bank and Barclays.

In his new role at BoE, George is a member of the DIFC management committee and reports to Kam Chin Wong (global head of financial crime) and Samuel Huen (global head of legal and regulatory compliance) for financial crime compliance and regulatory compliance, respectively. He will also report to Ranjit Khanna who is head of private banking for Europe & Middle-East and chief executive, DIFC branch.

“The UAE and the Middle East region have been important to Bank of Singapore’s strategic growth and will remain so as we continue to strengthen our global footprint,” Khanna, said. “To enhance our proposition for clients in this region, we continually invest significantly in hiring talent and enhancing technology and infrastructure. Jibu’s appointment, one of many strategic appointments across the bank’s three hubs, ensures that we continue to on-board strong leadership and governance on the ground.”

Register for WealthBriefingAsia today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes