Bank of Singapore has appointed Mansoor Mohi-uddin as its chief economist, pending regulatory approval, according to a statement from the firm.
He will report to Jean Chia, head of portfolio management and research office.
“With increasing market uncertainties, the need for timely and insightful research capabilities to help investors navigate and identify the most attractive risk-adjusted opportunities is further amplified,” Chia said in the statement.
“Mohi-uddin is well-known among the research fraternity for his ability to competently assess economic conditions and estimate its impact through market cycles and I am confident that he will help to deliver thought leadership in the wealth management industry,” she added.
As chief economist, Mohi-uddin is responsible for developing strategic views and research analysis on the macroeconomic and financial environment, and shaping BOS’s economic outlook. These will be integrated across the bank’s investment strategies, according to the statement.
In addition, he sits on the bank’s investment committee that decides on the strategic and tactical asset allocation calls for clients, the statement added.
Mohi-uddin has around 20 years of experience in global financial markets with an extensive research track record in currencies.
Mohi-uddin was most recently the macro strategist of Nat West Markets, the investment arm of the Royal Bank of Scotland.
From 2002 to 2014, Mohi-uddin was the global head of FX Strategy of UBS Investment Bank, spending 17 years at its London, Zurich and Singapore offices, according to the statement.
BOS has made other senior hires in 2020.
Moreover, in February this year, Joanna Ho was poached from HSBC to fill the newly-created role of head of wealth planning for Greater China and North Asia, FSA previously reported.