AmBank private bank head exits to start multi-family office

The head of private banking at Malaysia’s AmBank, Kee Kin Onn, has resigned after 12 years with the firm in order to set up a multi-family office. He handed in his notice last Friday (April 15), he revealed while speaking at AsianInvestor's Fund Selector Forum in Singapore yesterday. The move reflects a rising trend in recent years for senior private bankers to leave large firms to set up on their own, amid growing cost and regulatory pressures on banking groups, industry consolid…