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Wealth Management / On The Move
Bank of Singapore adds four to Asean, NRI teams
Billy Wendy Kusnadi, Joseph Sim, Balaji Dhakshinamoorthy, Narayanan Vaidyanathan
The Asset 13 Jun 2024

The Bank of Singapore has named four veteran private bankers – Billy Wendy Kusnadi, Joseph Sim, Balaji Dhakshinamoorthy and Narayanan Vaidyanathan – to its Singapore hub to deepen its coverage of the Association of Southeast Asian Nations (Asean) region and the non-resident Indian (NRI) segment.

Kusnadi joined Bank of Singapore as a team head in June, overseeing one of the teams responsible for engaging clients across Southeast Asia, with particular focus on Singapore and Indonesia. Kusnadi was formerly with Credit Suisse for eight years and had stints in Standard Chartered and Citi.

Sim, a senior relationship manager (RM), will focus on the Indonesian market, particularly the ultra-high-net-worth segment. Prior to joining the bank in June, Sim was with Credit Suisse for close to 29 years.

To cater to the NRI market, Dhakshinamoorthy and Vaidyanathan have been brought onboard in May. Dhakshinamoorthy, a senior RM, was previously with CA Indosuez Switzerland, while Vaidyanathan, also a senior RM, was most recently with BNP Paribas.

These latest hires, the bank says, are part of its push to grow its number of bankers and  assets under management, with the goal of having 500 RMs by the end of 2025. Specifically, there has been a 10% increase in the number of RMs in the bank’s Singapore hub since the start of the year.

 

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