VP Bank Ltd’s Singapore branch chief Bruno Morel has decided to step down from his position due to personal reasons while an ex-Zilingo executive has joined Singapore-based Smile Group.
Bruno Morel steps down as CEO of VP Bank Singapore
VP Bank Ltd’s Singapore branch chief executive officer Bruno Morel has decided to step down from the position due to personal reasons.
Morel, who assumed the role in March 2017, has led the expansion of VP Bank Group’s Asian business activities.
VP Bank’s head of investment advisory and treasury Asia, Thomas Rupf, will assume the role of the CEO on an interim basis with immediate effect.
With a presence in Singapore since 2008, it is the Asian branch of the Liechtenstein-based VP Bank Group. It provides wealth management solutions and family office services for high net worth clients and asset managers.
Ex-Zilingo exec joins Smile Group as CEO
Singapore-based tech group Smile Group has named ex-Zilingo executive Billy Naveed as its CEO, TechinAsia reported.
Naveed worked at Singapore-based fashion platform Zilingo for two years as head of strategy.
Before that, he has served stints at Morgan Stanley in London and Hong Kong and in Credit Suisse.
Smile Group partners with entrepreneurial talent to build internet and technology-enabled businesses. The Smile Group also invests in early-stage and late-stage internet businesses.