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One of HSBC’s top Singapore bankers leaves job after eight months for UOB

Angeline Yeap, HSBC’s head of retail business banking for Singapore, has moved to UOB. She joined the Singaporean firm earlier this month as a managing director for group retail.

Yeap had only been in her HSBC Singapore job for eight months, having previously been the bank’s London-based global head for advance (i.e. emerging affluent) and personal banking for about four years, according to her online profile. In London, she was a member of HSBC’s global retail banking management committee and led teams across 37 markets covering 40% of her division’s income.

Yeap has moved to UOB Group Retail, which covers personal and small enterprise customers, at a time of growth. Total income for the division was up 4% year on year to S$1bn in the first quarter, driven by net interest income from deposits and loans growth, and an increased deposit margin, according to the bank’s Q1 financial results.

UOB declined to comment on Yeap's new role.

After graduating with a BSc in accounting and finance from London School of Economics, Yeap joined McKinsey as a consultant and worked there for six years in London and across Southeast Asia. She made her first foray into the banking sector in 2007, becoming a vice president, strategy and analytics, at DBS. In 2009/2010, Yeap was DBS’s head of portfolio management and usage for cards and personal loans.

Yeap joined Citi in Singapore in July 2010 as a regional director in its Asia Pacific Consumer Bank. In January 2013, she transferred to Miami at spent about 18 months there as regional head of emerging affluent and global client segments for the Latin America Consumer Bank.

Image credit: RomanBabakin, Getty

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AUTHORSimon Mortlock Content Manager

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