Bank of Sin­ga­pore adds staff in Dubai

Banking Frontiers - - Banking In The Gulf -

Bank of Sin­ga­pore, the pri­vate-bank­ing unit of Sin­ga­pore’s Oversea-Chi­nese Bank­ing Corp, or OCBC, is adding more staff in Dubai to han­dle busi­ness that is ex­pected to em­anate from the Gulf ’s wealthy and of In­di­ans liv­ing over­seas. Bank of Sin­ga­pore plans to hire about 20 re­la­tion­ship man­agers to cater to non-res­i­dent In­di­ans and rich peo­ple in the Arab world. Ac­cord­ing to Vikram Mal­ho­tra, the bank’s global mar­ket head for South Asia and the Mid­dle East, most of the ad­di­tions will be based in Dubai, though some will be lo­cated in Sin­ga­pore and Hong Kong to bol­ster the bank’s non-res­i­dent In­dian teams in those cities.

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