OCBC-owned Bank of Singapore (BoS) has
restructured its risk and compliance function and appointed new
chief operating and financial officers as the bank continues to
expand its operations.

Lee Han Chwee has been appointed to the
newly-created position of managing director and global head of
compliance to deal with the increasingly demanding private banking
regulatory requirements.

Chwee joined BoS in November from Fortis Bank
where he was regional head of compliance and private banking.

Goh appointed COO

Leander Jansen, managing director and global
chief risk officer will continue to oversee the bank’s credit and
market risks and operational risk management functions.

Patrick Goh is to take over as global chief
operating officer, replacing Daniel Teo who is going on sabbatical
before returning to in a consultancy position in February 2012.

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BoS has also hired Ho Soo Woon, formerly
director of settlement, business and financial control at Bank
Sarasin-Rabo (Asia), as its global chief financial officer.

BoS, which won PBI’s Outstanding
Private Bank in Asia-Pacific 2011 award, said it expects to end the
year with double-digit growth and now employs almost 850 staff
worldwide.