Bank of Singapore, the private banking arm of OCBC, has appointed Penny Low as a senior relationship manager. Based in Singapore, she is part of the Greater China and North Asia ( GCNA ) team, led by Eng Chien Chan, market group head for GCNA.
Low brings close to 20 years of industry experience across investment banking and private banking. Prior to joining Bank of Singapore, she was a senior relationship manager at Deutsche Bank Wealth Management, where she advised ultra-high-net-worth ( UHNW ) individuals and entrepreneurs on their personal wealth and corporate needs.
Before Deutsche Bank, she spent nine years at Credit Suisse Global Markets in the multi-asset solutions team.
Her cross-divisional experience and deep client relationships will support Bank of Singapore's ambition to grow its assets under management from the UHNW segment by 30% by 2028, the bank says.
The bank’s private banking heads for Asean ( Vi Sun Yang ), Greater China and North Asia ( Rickie Chan ) and the Middle East, South Asia and international ( Lim Leong Guan ) are leading efforts to accelerate UHNW growth in their respective markets and client segments.