Bank of Singapore, the bank owned by OCBC, has recruited a managing director and market head for Greater China, based in Singapore.

Arthur Fong has joined the bank based in Singapore from his previous role at Credit Suisse, where he was the deputy market leader cum team leader in Singapore.

Fong, who started last month, has held leadership roles in various global private banks including Citigroup Private Bank, Singapore and UBS, Singapore. He is also an elected member of the Singapore Parliament since 2001.

The bank has been on the front foot recently hiring top wealth executives. Pauline Chung started on 1 December, also managing director head of market head for Greater China, based in Hong Kong. This was reported here by this publication. She was previously managing director and market head of China at Bank Julius Baer in Hong Kong.

Chung is also the head of strategy for the Greater China business. They report to Sermon Kwan, managing director, head of Greater China and chief executive of Bank of Singapore’s Hong Kong branch.

 “Pauline and Arthur bring with them invaluable experience having spent a large part of their careers in private banking. I believe their contributions will further entrench our business in the Greater China region, especially as we prepare to set up our private banking operations in China via OCBC China, subject to regulatory approval,” said Sermon Kwan.