In his role, Koh will advise and provide guidance for the wealth management team and its board as well as for Pictet’s managing partners.
“The appointment of Koh to the board in Singapore is a significant milestone for the development of our business in Asia,” said Nicolas Pictet, managing partner of the Pictet Group.
With Koh’s appointment, Pictet hopes to further strengthen its Asian offering.
Koh was chairman of DBS Bank from 2006 to 2010. He also was chairman of Singapore Airlines and SingTel.
Bank Pictet has been operating in Singapore for nearly 20 years and employs more than 100 staff currently.
Across the region, Pictet Wealth Management has expanded to 40 bankers currently from 12 bankers in Hong Kong and Singapore in 2010.