The private banking arm of OCBC has expanded its Dubai business with the hire of a former structured product expert from BNP Paribas.

Bank of Singapore appoints Shovit Sahai as head of product management group for its Dubai International Financial Center (DIFC) branch, according to a statement.  

In the role, he reports functionally to Singapore-based Vivienne Chia, head of investment advisory solutions, alternative investments and managed solutions as well as locally to Ranjit Khana, global head, Middle East chief executive, DIFC branch.

Sahai joins OCBC’s private banking arm from BNP Paribas Wealth Management in Singapore, where he worked for the last six years as its Asia head of structured products and derivatives. Prior to that, he spent 14 years in Citibank’s London and Singapore offices serving in various capital markets, advisory and product management roles.