Dear Colleagues,
I would like to announce that the Global Financial Institutions Group (FIG) will be re-aligned from Global Markets and Investment Management (GMIM) to Group Institutional Financial Services (IFS). In line with this change, Mr Bill Chua, MD & Head of FIG, will report to Mr Frederick Chin, MD & Head of IFS.
This re-alignment will ensure a more holistic approach in providing client-centric solutions across the various wholesale client segments. It will facilitate further collaboration among all stakeholders and drive greater synergies.
Along with this, IFS will be re-named as Group Wholesale Banking to better reflect the business focus and client segments within it.
These changes will take effect on 1 Jan 2014. I count on all relevant parties for a smooth transition and am confident that by working together, we will bring our wholesale banking business to even greater heights