Bank Of Singapore Names New Private Banking Head For Middle East, South Asia And International

A new head has been appointed for the private bank”s operations in the Middle East, South Asia and International business.

Bank of
Singapore has appointed Lim Leong Guan (main picture)
as head of private banking for Middle East, South Asia &
International, taking over the role vacated by the departure –

reported here – of Ranjit Khanna.

Based in Dubai, Lim – who joined BoS in 2020 – will also be
CEO of the Dubai International Financial Centre (DIFC) branch,
subject to regulatory approval, Bank of Singapore said in a
statement yesterday. Lim is concurrently interim global head of
the investment solutions group.

Lim, together with Rickie Chan and Vi Sun Yang, will accelerate
the push for UHNW growth, the bank said. Chan is head of private
banking, Greater China & North Asia, and CEO, Hong Kong Branch.
As
previously announced by BoS, Vi Sun Yang will join Bank of
Singapore as head of private banking for the ASEAN region on 29
June.

A media report in late April said that Khanna is set to join
EFG
International in Dubai. EFG declined to comment when asked
about the matter in May.

Other changes

With Lim’s appointment, Annabelle Chow, head of financial
intermediaries, will be the global segment lead for the FIM
business with responsibility for driving the bank’s strategy
and proposition for the segment. Chow will report to Yang.

Lim has worked in the private banking sector for three decades.
Bank of Singapore said Lim’s accomplishments include shaping its
financial intermediaries team into one of the fastest growing
segments at the bank. (This week, this news service
covered the bank’s updated policies on relationship
managers.)

Among his other accomplishments in the family office and
wealth advisory space, he more than doubled revenue from
insurance referrals and led strategic initiatives including the
Bank of Singapore Family Office Catalyst. Launched in 2025, this
offering caters to UHNW individuals seeking to adopt a setup that
facilitates the professionalisation of their wealth management,
which could eventually evolve to a single-family office.

Lim joined the lender as global head of products. Prior to that,
he spent 25 years at UBS Wealth Management, where he served in
senior management roles including Asia-Pacific head of wealth
planning and Singapore head of investment products and services.

Chow (pictured below) joined in 2016 to build the
firm’s FIMs business with Lim: the size of the FIMs team led
by Chow tripled across Singapore, Hong Kong and Dubai.

Annabelle Chow

Chow has 20 years of private banking experience, including stops
at Barclays Wealth in Asia and Credit Suisse AG where she covered
family offices of UHNW clients in Hong Kong, and eventually built
up the team to expand Credit Suisse’s presence in the Asia FIMs
segment, Bank of Singapore said.

In 2025, Bank of Singapore reported that it had exceeded its
previously-announced target of $145 billion in assets under
management (AuM) set in 2023, growing global AuM by more than 20
per cent.

The bank noted that the Capgemini Research Institute’s
World Wealth Report 2026 showed that the UHNW
population expanded 9.4 per cent in 2025. “Given this backdrop,
Bank of Singapore aims for 30 per cent growth in UHNW assets
under management (AuM) globally by 2028,” it added.

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