CIMB Singapore on Tuesday announced replacements for the three banking heads that were cut, in another internal memo to Singapore staff seen by The Business Times.

The new appointments are: Merlyn Tsai as head of consumer banking, Singapore; Benjamin Tan Wee Chuan as head of commercial banking, Singapore; and Foo Tsiang Wei, head of corporate and investment banking, Singapore.

They will replace Josandi Thor, Yong Jiunn Run and Lai Ven-Li, respectively.