The new appointee, who was most recently the country head of Hong Kong and Taiwan at BlackRock, has 30 years of legal, consulting and financial services experience in the Asia-Pacific region.

Bank of Singapore has appointed former BlackRock senior figure Robert Reid as its global head of alternative investments and managed solutions, taking effect from 30 May. He takes over from Fidelis Oruche, a spokesperson later confirmed to this publication.

Reid, who is based in Hong Kong, will report to Lim Leong Guan, global head of products, and have a local reporting line to Teresa Lee, head of Greater China, Hong Kong branch.

With 30 years of legal, consulting and financial services experience in the Asia-Pacific region, Reid was most recently the country head of Hong Kong and Taiwan at BlackRock, having joined the firm eight years ago as the head of strategy and chief operating officer for the iShares business in Asia.

Reid has also served in senior leadership roles in global asset management and sell-side firms, where he led large, cross-functional teams to deliver outstanding financial performance.

With Shanghainese parentage, Reid is a Mandarin speaker and has lived and worked in Hong Kong for most of his career, originally practising as a corporate finance solicitor in England and Hong Kong. He received a joint honours degree in law and sociology from the University of Warwick, UK.