In the world of private banking, it's all about trust

For BOS's Derrick Tan, this holds true when it comes to clients, staff and supervisors.

Lee U-Wen

Published Sun, Jun 26, 2016 · 09:50 PM

THE word "trust" crops up many times during the interview with Derrick Tan, one of the most senior private bankers at Bank of Singapore (BOS).

The amiable 45-year-old, one of four global market heads who report directly to CEO Bahren Shaari, says he wouldn't be where he is today without placing a high level of trust in his peers and superiors.

"Bahren has been a mentor and a friend of mine for over 10 years. I trust him with my career and I trust him to build a very sustainable long-term business model," Mr Tan tells The Business Times during the hour-long chat at his office in Market Street.

"In turn, because I trust him, the people under me trust that I will be able to build a sustainable career for them as well," he says, referring to the 200 s…