UOB hires from DBS (again) for expanding team in Singapore

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UOB has made its second senior structured finance hire from DBS in just the last four months.

Alvin Wong has joined as a director in structured finance within UOB’s Singapore-based global financial institutions group (GFIG).

The structured finance GFIG team is headed up by Wong’s former DBS colleague Simon Tan, who moved to UOB in July, having been second in charge of DBS’s structured debt solutions (SDS) unit for several years

Wong also worked in SDS at DBS, where he was a “senior member and key revenue generator for the team” from 2011 to 2017 and a “lead transactor of structured finance and securitisation transactions”, according to his online profile. His responsibilities included business strategy, portfolio management and product management.

Prior to that role, Wong worked as a VP in structured products and derivatives sales at DBS for three and a half years. He covered institutional clients in Singapore, Indonesia, Thailand and the Middle East between 2007 and 2009, and was then promoted to led the Indonesia structured product business.

The engineering graduated began his career with a three-year stint at DSO National Laboratories, Singapore’s largest defence research organisation, before moving into banking as a management associate at Standard Chartered.

Wong and Tan are not the only Asian structured finance specialists to have moved jobs in recent months. In April, as we reported at the time, Standard Chartered hired Soon Huat Tng from ANZ as a senior transactor covering ASEAN markets.

Image credit: robyvannucc, Getty

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