Teo is a banking veteran with over 25 years of experience and previously was the regional chief operating officer and managing director at Bank of Singapore.
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He was also one of the key founding members of ING Asia Private Bank when it first started in 2001.
Teo had also played an integral role in the integration of the ING business with OCBC and the launch of Bank of Singapore from 2009 onwards.
In his new role, Teo will report to the country executive Singapore and CEO private banking Asia, Hugues Delcourt.
Teo’s appointment, together with three other new joiners in early 2012, is expected to expand the bank’s bench strength in Singapore and Asia.
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By GlobalDataThe bank had appointed Rajiv Sodhi in January 2012 as team leader and senior private banker to head its Non Resident Indian (NRI) desk in Singapore, Alfie Lau was appointed in February 2012 as the regional head of private lending, based in Hong Kong and Josephine Feilzer was appointed as the bank’s private wealth management and international desk team, based in Singapore in February 2012.
