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Report: Temasek unit poaches JPMorgan Singapore investment bank head

Fullerton Financial Holdings Pte. Ltd. hired Yeo Hong Ping tobe chief investment officer, Bloomberg News reported July 14, citing "aperson with knowledge of the matter."

Yeo joins from JPMorgan Chase & Co., where he was recently head ofSingapore investment banking. He plans to start work in October, the person said.

Rohit Chatterji, head of banking for Southeast Asia atJPMorgan, will assume Yeo's post at the U.S. lender, another person said.

Fullerton said Yeo will start this year, according to anemailed response to Bloomberg. JPMorgan declined to comment.

Fullerton is an affiliate of Singapore state investment firmTemasek Holdings (Pte) Ltd.