Bank of Singapore has announced four new additions to its institutional business team.

Etienne Billaud, previously the head of independent asset management at Bank Pictet & Cie (Asia), is now an executive director at the company. Prior to that, he held senior roles various international private banks, including Credit Suisse and UBS.

He is joined by Cedric Stadelmann as director, and Stephanie Vite Hao Yen and Elaine Chia as associate directors. All four will be responsible for strengthening the bank's asset management and global family office franchise in Singapore and Hong Kong.

"It is timely for us to add to our diverse bench strength and pool of relationship managers as we continue to see growth from clients wishing to tap on potential investment opportunities presented by emerging markets in this region," Renato de Guzman, chief executive, commented in a statement.

Bank of Singapore is a wholly owned subsidiary of OCBC Bank and is one of the top five global private banks in Asia. Its range of products and services cater to high net worth individuals in various countries in the region and to wealthy families of global non-resident Indians.