Toby O’Connor named to lead Islamic Bank of Asia
Toby O’Connor has been named the CEO of DBS Group’s Islamic banking branch, Islamic Bank of Asia (IB Asia). After a period that has seen its ups and downs with $77 million in posted losses after making allowances for customers in Gulf Coast regions, IB Asia is set to regain momentum in the Islamic banking industry of Asia from its base in Singapore.
Mr. O’Connor has been in the industry for 19 years, most recently with JP Morgan Chase as their head of investments in the Middle East and North Africa. IB Asia released a press statement saying “O’Connor will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity, in line with the bank’s renewed focus on fee-income businesses.”
Toby O’Connor has been named the CEO of DBS Group’s Islamic banking branch, Islamic Bank of Asia (IB Asia). After a period that has seen its ups and downs with $77 million in posted losses after making allowances for customers in Gulf Coast regions, IB Asia is set to regain momentum in the Islamic banking industry of Asia from its base in Singapore. Mr. O’Connor has been in the industry for 19 years, most recently with JP Morgan Chase as their head of investments in the Middle East and North Africa. IB Asia released a press statement saying “O'Connor will...
Toby O’Connor has been named the CEO of DBS Group’s Islamic banking branch, Islamic Bank of Asia (IB Asia). After a period that has seen its ups and downs with $77 million in posted losses after making allowances for customers in Gulf Coast regions, IB Asia is set to regain momentum in the Islamic banking industry of Asia from its base in Singapore.
Mr. O’Connor has been in the industry for 19 years, most recently with JP Morgan Chase as their head of investments in the Middle East and North Africa. IB Asia released a press statement saying “O’Connor will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity, in line with the bank’s renewed focus on fee-income businesses.”
