Bank of Singapore has appointed Vincent Choo Nyen Fui as Interim CEO. He has replaced Bahren Shaari, who has just retired. Choo has been a Director on the Board of Bank of Singapore since 2014.

He was most recently Executive Vice President and Group Chief Risk Officer (GCRO) of OCBC Bank, since 1 August 2014.

Choo joined OCBC from Deutsche Bank AG where his last appointment was Managing Director and Chief Risk Officer for Asia Pacific. He is a Director of Bank of Ningbo Ltd and a member of Management Board of NUS Risk Management Institute. Mr Choo holds a Master of Arts in Economics from University of Akron, USA, and he is an IBF Distinguished Fellow.

“I’m happy to share that I’m starting a new position as Interim Chief Executive Officer at Bank of Singapore, Asia's Global Private Bank!,” reads a Linkedin post updated by Choo.

New CEO to assume charge in March

In another development, the Bank of Singapore has confirmed the appointment of Jason Mooas as its Chief Executive Officer from March 6.

A seasoned private banker, Moo, succeeds Bahren Shaari who has retired on December 31, 2022 after 13 years with Bank of Singapore. Shaari served as the CEO since 2015. Under his leadership, the Bank 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.

Moo comes with more than 25 years of experience in private banking, wealth management and capital markets including 22 years with Goldman Sachs. He joins Bank of Singapore from Bank Julius Baer where he was the head of Private Banking, Southeast Asia and Branch Manager Singapore. Moo has worked in three of the top five global financial markets – New York, Hong Kong and Singapore.