Bank of Singapore CEO eyes Indonesia potential

Bank of Singapore’s Asia-Pacific CEO, Renato de Guzman, is talking up the potential of Indonesia as a wealth management market after hiring a new country coverage team. The firm, a wholly owned subsidiary of OCBC Bank, revealed this week it had brought in a trio of staff from DBS Private Bank to expand its Southeast Asia business, with a focus on Indonesia. Terence Seow was recruited to head the team, along with relationship managers Wilyono Martin and Fang Shiuh Rou, although count…