DBS Group has hired a new chief executive officer for its Singapore-based Islamic unit in a move it said underscores its commitment to grow its Islamic banking franchise in the region.

Islamic Bank of Asia (IB Asia) has named Toby O’Connor as its CEO, a position that was practically vacant since December 2009, when his predecessor Vince Cook left the bank on “personal reasons”. The post had been held on an interim basis by Eric Ang, a director at IB Asia……………………………………….Full Article: Source