Bank of Singapore names Rajeev De Mello as CIO

He will report to global head of products, Marc Van de Walle.

Rajeev De Mello will take on the role of chief investment officer at Bank of Singapore, pending regulatory approval. He will report to Marc Van de Walle, global head of products.

As CIO, De Mello will oversee the research and investment strategy teams that produce Bank of Singapore’s house views across and within all financial asset classes. He will be the chairman of the bank’s investment committee that decides on the global strategic and tactical asset allocations calls for clients.

De Mello will also manage the bank’s Discretionary Portfolio Management (DPM), a service which is becoming more popular with clients who recognise that they are not able to monitor the markets closely and prefer to leave their investments in the hands of professional managers.