Moo and a Bank of Singapore spokesman declined to comment.
Bank of Singapore is among the top 10 private banks in Asia-excluding China, according to Asian Private Banker’s rankings, and manages about US$114 billion ($153.77 billion) in client assets.
The new chief executive officer will need to navigate a highly competitive industry where global wealth managers from UBS Group AG to Credit Suisse Group AG and Citigroup Inc. are vying for more market share in Asia. Meantime, the anticipated global economic slowdown and volatile markets are contributing to lower transaction volumes among wealthy clients.
Moo was most recently head of private banking in Southeast Asia at Julius Baer, which he joined in 2020 after his time with Goldman Sachs. At the US bank, he held roles including head of private wealth management for Southeast Asia and Australia, as well as head of Asia-Pacific alternative capital markets in Hong Kong.
