Teo, who is a Singaporean, is a banking veteran having over 25 years of experience.
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Prior to joining ABN AMRO, he was the regional COO and managing director at Bank of Singapore (BOS).
He was also one of the founding members of ING Asia Private Bank when it had first started in 2001.
As COO at ABN AMRO, Teo will report to the country executive Singapore and CEO private banking Asia, Hugues Delcourt.
In his new role, Teo is expected to strengthen the internal processes and best practices in order to support the bank’s strong growth ambition in Singapore and the region.
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By GlobalDataIn order to strengthen its presence in Singapore and Asia, the Dutch bank had also made three hires in the region earlier in 2012.
While Rajiv Sodhi had joined on January 6 as team leader and senior private banker to head its NRI desk in Singapore, Alfie Lau was appointed on February 1 as the regional head of private lending and Josephine Feilzer was appointed to the bank’s private wealth management & international desk team on February 15.
