Bank names CEO of its Netherlands operation, as investment firm hires head of wealth
BNP Paribas Wealth Management
The French bank’s wealth management division hired Bernt Kok as chief executive in the Netherlands and Arjan van Rijn as head of key clients in the country.
Kok was previously a senior wealth manager and director of Private Wealth Management, the ultra-high net worth division of Abn Amro.
Van Rijn joins from Credit Suisse, where he serviced entrepreneur clients in the Netherlands.
Manulife Investment Management
Adrian Chen has taken on the role of head of wealth and asset management at the firm.
Singapore’s central bank has rejigged its senior management lineup with four promotions and two re-designations.
All are effective April 1, the Monetary Authority of Singapore (MAS) says in a statement on March 5, and are “part of an ongoing process to renew MAS’ leadership bench”.
They come after MAS named Leong Sing Chiong as deputy managing director of markets and developments in mid-January.
In the new moves, Ho Hern Shin, currently assistant managing director of banking and insurance, will become deputy managing director of financial supervision, replacing Ong Chong Tee, who is leaving MAS at the end of March.
Ho’s position will be filled by Marcus Lim, who is now an executive director.
Annual production of new bank notes, to facilitate the gift-giving tradition marking the Lunar New Year, is estimated to be some 330 tonnes or the equivalent of charging 5.7 million smartphones in Singapore for five days.
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Singapore News - With Chinese New Year around the corner, many Singaporeans will be thinking about hongbao (red packets), which are traditionally exchanged during this period. In a statement yesterday, the Monetary Authority of Singapore (MAS) encouraged Singaporeans to opt for e-hongbao. Read more at www.tnp.sg