The new unit is part of Bank of Singapore's financial intermediaries, family office, and wealth advisory division.
Lynn Ong, a former Citi Private Bank executive, has joined Bank of Singapore's new family office and structuring solutions business. This entity operates within BoS's financial intermediaries, family office, and wealth advisory division.
Ong's role will involve engaging clients with family office advisory needs and developing Bank of Singapore’s strategic initiatives for single family offices, the bank, which is part of Singapore-listed OCBC, stated yesterday.
Ong will report to Guo Jiawen, who leads the family office and structuring solutions business.
Previously, Ong advised global ultra-high net worth families on family office and philanthropy planning and structuring across Singapore and Hong Kong at Citi Private Bank. She also developed strategies for the family office client segment.
Before her tenure at Citigroup, Ong worked at the Singapore Economic Development Board's Contact Singapore division. She led the coverage of China and international markets, advising investors looking to establish businesses and family offices in Singapore. She also headed the Policy Development function, shaping policies to attract investments, facilitate philanthropy, and draw key talent to Singapore.
This post originally appeared here.
