OCBC’s private banking arm has hired Credit Suisse’s former Southeast Asia chief operating officer.

Bank of Singapore appoints Jacky Ang as global chief operating officer (COO), according to a statement, effective September 13. In the role, he joins the bank’s management committee and reports to chief executive officer Jason Moo. Ang succeeds Sonjoy Phukan who will be leaving to pursue other interests.

Ang has more than 26 years of experience across corporate governance, new business development and wealth management services in Singapore, Hong Kong and Tokyo. He was most recently working at Credit Suisse as its Southeast Asia COO as well as Singapore branch manager and head of wealth management.

«[Ang] is highly regarded as a strong leader with an innovative and forward-looking mindset. His in-depth knowledge of the industry across our key markets, coupled with a sound understanding of compliance, controls and risk management, will be a great asset to our franchise,» Moo said.