loh boon chye

Facing intense regulatory oversight, senior bankers are increasingly heading for the corporate world, with some taking their skills and contacts to fintech firms.

With a new chief executive installed and faced with a decline in IPOs compared to other regional markets, the Singapore exchange is getting its act together.

Loh Boon Chye, who previously held senior positions at Bank of America Merrill Lynch and Deutsche Bank, is to become the Singapore Exchange's new CEO.

Bank of America Merrill Lynch has lured Loh Boon Chye to the bank to become the deputy president for Asia-Pacific and head of Asia-Pacific global markets.

Deutsche Bank’s CEO of Asia-Pacific, Rob Rankin, has been appointed co-head of corporate banking and securities and head of corporate finance based in London. Loh Boon Chye plans to leave the bank.

The head of global markets for Asia-Pacific also takes a seat on a new 15-member CIB executive committee that aims for greater cohesion across the bank's key businesses.