OCBC's private banking arm has hired a former executive from Deutsche Bank’s wealth management unit, finews.asia has learned.

Bank of Singapore has hired Felicia Tan as a team head, according to a memo seen by finews.asia. Based in Singapore, she reports to Jeffrey Tan, market head, ASEAN. 

Felicia Tan was previously working at Deutsche Bank's wealth management unit as a team head supporting clients across Southeast Asia with a focus on Singapore and Malaysia. Prior to that, she also worked at BNP Paribas Wealth Management and Credit Suisse in a similar capacity. 

Hiring Spree

Bank of Singapore has been on a hiring spree as of late and since January 2023, over 40 bankers have joined the firm, particularly to deepen Southeast Asia coverage.

When contacted, a spokesperson for the bank confirmed the new hire.