Bank of Singapore, the private banking arm of Southeast Asia’s second largest financial services group, OCBC Bank, today announced the appointment of Mr Jason Moo (巫毅盛) as its Chief Executive Officer from 6 March 2023.
A seasoned private banker, Mr Moo, succeeds Mr Bahren Shaari (博林) who retired on 31 December 2022 after 13 years with Bank of Singapore. To ensure continuity in leadership at the Bank, Mr Vincent Choo (朱年辉), a member of the Board of Directors, assumed the role of interim Chief Executive Officer on 1 January 2023.
Mr Moo has more than 25 years of experience in private banking, wealth management and capital markets including 22 years with Goldman Sachs. Mr Moo joins Bank of Singapore from Bank Julius Baer where he was the Head of Private Banking, Southeast Asia and Branch Manager Singapore. Mr Moo has worked in three of the top five global financial markets – New York, Hong Kong and Singapore.
From 2002 to 2014, Mr Moo helped build the product platform for Goldman Sachs private bank in Asia as the Head of Market Solutions Group in Private Wealth Management Asia. Mr Moo then led the growth of Goldman Sachs private banking business in Southeast Asia as its Region Head of Southeast Asia and Australia, a position he held for five years. Concurrently from 2017 to 2019, Mr Moo was the Chief Executive Officer for Goldman Sachs (Singapore).
Mr Shaari was appointed Chief Executive Officer in 2015. Under his leadership, the Bank successfully integrated Barclays Asia after the acquisition, and grew its assets under management from US$55 billion to US$109 billion as at 30 September 2022.
Mr Lai Teck Poh (赖德保), Chairman of Bank of Singapore said, “We are confident that Jason’s extensive experience and deep industry knowledge will accelerate the momentum of Bank of Singapore’s growth. Having worked in top global financial markets, Jason will bring a unique set of skills and perspectives to Bank of Singapore. He will build on what Bank of Singapore has already accomplished, sharpen the Bank’s strategic direction, and further develop its talent and capabilities. We look forward to welcoming Jason in March.”
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