Former Bank of America Merrill Lynch (BAML) managing director of private client group Eng Huat Kong will be heading EFG's Singapore private banking outfit following the departure of Kees Stoute. Stoute will be leaving Singapore for his native Holland after handing over his tasks to Eng, according to reports. Eng formerly oversaw structured products and other alternative investments while at BAML and his previous position at the American bank has been filled by Hans Diederden who joined last Ju