The Singapore-headquartered bank did not elaborate on details. 

“Ranjit has decided to step down for personal reasons. We thank him for his contributions. In the interim, we have made the necessary arrangements to cover his duties, ensuring no disruption for our clients,” a spokesperson told this news service.

Last week, BoS announced several senior appointments, including that of Elvin Ho, who joined the bank this week as head of family office and structuring solutions. 

In early April, Bank of Singapore appointed former Julius Baer figure Vi Sun Yang as its head private banking for the ASEAN region, taking effect from 29 June this year.

In other moves, Bank of Singapore appointed Eng Chien Chan in March as market group head for Greater China and Bernard Heng as head of customised solutions in its investment solutions group.

In 2025, Bank of Singapore reported that it had exceeded its previously=-nnounced target of $145 billion in assets under management (AuM) set in 2023, growing global AuM by more than 20 per cent.