(Amended) UOB’s head of FX leaves to join Maybank

UNITED Overseas Bank (UOB)‘s head of foreign exchange, Yousoof Mohamed, will be leaving to lead a new team at Maybank after just over one-and-a-half years at UOB, The Business Times has learnt.

Before his stint at UOB, Yousoof spent nearly 27 years at ANZ and helmed multiple roles. He was the director of principal FX at the Australian bank before he left. 

Two other traders from UOB – Harry Lo and Lim Siow Wei – are also leaving to join Maybank. (*See amendment note.)

Lo, as indicated in his LinkedIn profile, is the head of G10 spot and eFX trading at UOB and has been with the bank for over four years.

It is not clear when the trio will be joining Maybank, but Yousoof is understood to be on gardening leave at the moment.

Both Yousoof and Lo could not be reached for comment, while UOB said it does not comment on “personnel matters”.

*Amendment note: An earlier version of this article stated that Yousoof would be taking two traders with him. This is incorrect. We are sorry for the error.