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Lim Leong Guan takes charge of a high-stakes UHNW push in Dubai

Bank of Singapore has announced the appointment of Lim Leong Guan as Head of Private Banking for the Middle East, South Asia, and International, effective 1 July 2026. Based in Dubai, Lim will also serve as Chief Executive of the Dubai International Financial Centre Branch, pending regulatory approval. This move is part of the bank’s strategy to expand its ultra-high-net-worth (UHNW) segment, which saw a 9.4% growth in 2025, according to Capgemini Research Institute.

Lim, a veteran with 35 years in private banking, joined Bank of Singapore in 2020 and has been pivotal in doubling the assets under management (AUM) for the Financial Intermediaries segment. His leadership will be crucial as the bank aims for a 30% increase in UHNW AUM globally by 2028. Lim’s previous roles include Global Head of Financial Intermediaries, Family Office and Wealth Advisory, and Global Head of Products at Bank of Singapore. He also spent 25 years at UBS Wealth Management in senior roles.

Alongside Lim, Rickie Chan and Vi Sun Yang will drive the UHNW strategy in Greater China, North Asia, and ASEAN, respectively. Annabelle Chow will lead the Financial Intermediaries business globally, reporting to Yang. Chow has been instrumental in tripling the size of the FIMs team across Singapore, Hong Kong, and Dubai.

Bank of Singapore CEO Jason Moo expressed confidence in Lim’s ability to capture market opportunities, stating, “LG is a seasoned private banker with a proven track record.” The bank’s focus on UHNW and FIM segments is expected to be a key driver for its next phase of growth.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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