Bank of Singapore appointed Lim Leong Guan, its global head of financial intermediaries, family office and wealth advisory, as head of private banking for the Middle East, South Asia and International, based in Dubai from 1 July 2026, in a personnel shift that the bank presented as part of a broader push into the ultra high net worth segment, Singapore Business Review reported.
Bank of Singapore said it is targeting 30% growth in global UHNW assets under management by 2028, and Lim will work alongside Rickie Chan, head of private banking for Greater China and North Asia, and Vi Sun Yang, who joins as head of private banking for ASEAN on 29 June 2026, to drive that strategy.
STRATEGIC RATIONALE
Bank of Singapore chief executive Jason Moo said appointing Lim to lead the Dubai team "underscores its importance as a key hub alongside Singapore and Hong Kong".
The bank cited Capgemini's World Wealth Report 2026, which found the UHNW population grew 9.4% in 2025, making it the fastest-growing wealth segment for a second consecutive year.
SUCCESSION
Following Lim's move, Annabelle Chow, who joined the bank in 2016 and helped build its financial intermediaries business across Singapore, Hong Kong and Dubai, will become global segment lead for the financial intermediaries business, reporting to Vi Sun Yang.
Lim, who joined Bank of Singapore in 2020 after 25 years at UBS Wealth Management, will also become chief executive of the bank's Dubai International Financial Centre branch, subject to regulatory approval.