The bank says the new appointee, who is an outstanding leader with a proven track record of success that inspires trust and confidence, will be invaluable in driving continued growth.

Bank of Singapore said Rickie Chan, its head of private banking for Greater China, has taken on the additional role of CEO of its Hong Kong branch.

Chan (pictured) takes the helm from Cindy Wong, who continues as an advisor until 31 May to ensure a smooth transition, the bank said in a statement yesterday.

In the CEO role, Chan is responsible for the risk and governance of Bank of Singapore’s Hong Kong branch.

Greater China is the bank’s largest market next to the ASEAN cluster of nations In the last two years (2022 and 2023), Bank of Singapore added to its coverage of the region with more than 150 hires. Assets under management from the region increased by about 10 per cent for the same period.

BoS has been busy with a number of appointments and hires. For example, it appointed former LGT senior figure Jibu George as its compliance head in the DIFC branch, Dubai. It also appointed Felicia Tan as team head. She is based in Singapore and oversees one of the city-state's teams at the bank. She previously was at Deutsche Bank Wealth Management. It appointed Credit Suisse senior figure Ronnie Cheung as Greater China chief operating officer, Hong Kong branch. 

Experience
An industry veteran, Chan joined BoS on 15 February 2024. He has more than 28 years of experience in private banking, wealth management and capital markets. Before joining the lender, he was the CEO of the Hong Kong branch and the head of global wealth management, Greater China, at Credit Suisse. He has also served in several senior leadership roles in Barclays Bank and Goldman Sachs’ private wealth management arm in Hong Kong.

Under Wong’s leadership in the Hong Kong role, BoS said the branch expanded its product and services offerings and she bolstered the risk and governance framework of BoS’s business in the city.

“Her [Wong's] strong leadership and unwavering commitment have helped build a solid foundation for the continued success of our business," the bank said.

“Rickie is an outstanding leader with a proven track record of success that inspires trust and confidence. His deep knowledge of the business environment and regulatory landscape in Greater China, combined with his extensive experience, will be invaluable in driving the continued growth of our Hong Kong hub to strengthen the Bank’s position as a leading wealth manager in Asia,” Jason Moo, CEO of BoS, added.