Nice to read that a S’porean is going to be head of UBS here. UBS Bank has appointed Mr Edmund Koh as its Singapore country head and CEO of its Singapore wealth management division. He will also become a member of the UBS Global Wealth Management Executive Committee. He assumes his responsibilities at the bank early next year.
For all its investment bank problems, UBS’ wealth management business is second to none internationally, and in Asia. In Asia, HK and S’pore are the two crown jewels in UBS’ wealth mgt division.
Mr Koh was until recently the president of Ta Chong Bank in Taiwan. He was reorganising the bank for US private equity group, Carlyle. He was once head of regional consumer banking group at DBS Bank’s consumer lending business in Asia and the CEO of Prudential Assurance Company here.
A few years ago, there were stories that Edmund Koh tried, but failed to become a PAP candidate MP.
So with parly opening tomorrow, I tot it was a suitable time to remind S’poreans of these rumours. In the new batch of MPs, we got “I didn’t do NS” Puthucheary, and ”I don’t know what to say” Tin. Give me an Edmund Koh anytime over people like Puthucheary and Tin.
Having said that, I must say I’m getting gd vibes abt “Kee Chiu” Chan. He is talking the talk at the Ministry for Community Development, Youth and Sports when it comes to welfare. He is also walking the walk. I understand the MCYS homepage has been revamped and now lists all the welfare schemes http://app1.mcys.gov.sg/Assistance.aspx?tid=115 . The absence of this list previously gave rise to suspicious abt whether the government wanted to make it difficult to get welfare.
I didn’t have a gd impression of him because of his comments on the Internet, his speech abt the Chinese miners’ republic, and his behaviour when the PAP was caught busing supporters to a rally. But if he continues what he is saying and doing abt welfare, I’ll say “Kee Chiu Hoy Say leh”