Bank of America has appointed Dominic Tan as head of Southeast Asia investment banking, according to an internal memo, in a move that will see the senior banker relocate to Singapore in the third quarter of 2026. Tan, who is currently based in Hong Kong, will retain his existing role as head of Asia Pacific consumer and retail investment banking alongside the new mandate.
Tan succeeds Antonio Puno, who remains with the bank and is relocating to London to join Bank of America's EMEA financial sponsors investment banking team. Tan will report to Peter Guenthardt, head of Asia Pacific global corporate and investment banking, and to Martin Siah, head of Southeast Asia global corporate and investment banking and Singapore country executive.
WIDER RESHUFFLE
The appointment follows Alan Lim's recent promotion to head of corporate banking at the lender, Bloomberg reported.
Bank of America has also hired Srijith Nair from Goldman Sachs to join its Asia financial institutions group in Singapore from the third quarter, according to Bloomberg.
PUNO MOVES TO LONDON
The memo said Puno, who has more than 25 years of experience in M&A, capital markets and leveraged finance, has "played a pivotal role in expanding the client franchise across Southeast Asia" since 2006.
Tan's move to Singapore is expected to be completed in the third quarter, according to the memo.
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