Bank of Singapore Hires Alts Veteran to Deepen UHNW Offering

Bank of Singapore has hired an alternatives specialist to strengthen its ultra-high-net-worth offering as demand for customised products rises across Asia’s private wealth market.

The OCBC-backed private bank appointed Bernard Heng as head of customised solutions, effective March 2, according to a statement.

Heng will report to Lim Leong Guan, global head of the investment solutions group, and will lead the development and execution of complex products tailored to UHNW clients.

He joins from UBS and Credit Suisse, where he served as a managing director and global co-head of the private and alternatives group, and previously worked at Apollo Management as a principal and head of Southeast Asia private financing.