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Singapore private banker shortage could hit 900

With the rapid growth of the wealth management industry in Asia, there will be an increasing demand for well-qualified professionals.

As wealth managers pile into Singapore to tap the region's growing high net worth community, aggressive expansion plans of private banks means the shortfall of experienced relationship managers could hit 900 over the next five years, according to Christine Ong, chief executive of UBS Wealth Management Singapore, in an interview with recruitment website eFinancialCareers.

Simon Mortlock, Asia Pacific editor of eFinancialCareers, discussed the Singapore talent shortage with Christine Ong, chief executive of UBS Wealth Management Singapore in an article yesterday (http://bit.ly/eNhJ8P).

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