Karthik Shenoy joins Bank of Singapore in transformation push

The dual-tranche issuance is the first Singapore dollar bond from a Vietnamese issuer and will support lending to local MSMEs.

Alvaro Huete has been with the French bank for 28 years and is relocating from Paris to Singapore.

Board member Anthony Lim will replace the retiring Peter Seah in the new year.

Pei-Si Lai, CEO of GXBank, Malaysia's first digital banking firm, will take over from Muthukrishnan Ramaswami, who is retiring, at the beginning of June.

The council will support the Chief Investment Office and has eight high profile figures from firms including BlackRock, M&G Investments, KKR, Goldman Sachs, the Milken Institute and Nomura Asset Management, while Owi Ruivivar joins the bank in a new role, from GIC.

The two financial centres are advancing regulatory frameworks and attracting investment as banks and tech companies expand AI capabilities in Asia.