October 22, 2024
Afterlife of finance bros: Leaving banking for their rock band
 #CashNews.co

Afterlife of finance bros: Leaving banking for their rock band #CashNews.co

Cash News

SINGAPORE – In April 2023, Mr Jason Lee, 49, left his high-flying job at DBS to focus on his rock band – a choice so momentous that it runs through his mind daily.

The father of three children aged 21, 18 and 16 says: “I still wake up every morning thinking, what the bleep have I done? It was either the wisest or the most foolhardy decision of my life. I’m still discerning which.”

He is the songwriter, lead vocalist and guitarist of There Be Wolves, a band he co-founded in 2017. Their presence waned as his two co-founders left and the Covid-19 pandemic took its toll with Singapore’s nightlife shutdown.

But in March, There Be Wolves – which count Led Zeppelin, Soundgarden and The Beatles as influences – played five shows in Japan. They are working on an album after releasing an EP, Time Is A Thief, in 2023, and will be holding a concert on Nov 9 at music studio Nineteen Eighty Studios in Joo Chiat. Tickets are available at therebewolves.com.

Mr Lee used to play gigs at bars like Crazy Elephant in Clarke Quay in his free time during his career in finance. He had started out at the Monetary Authority of Singapore as a fresh economics-trained graduate from Australia’s University of Queensland. Before he left the sector 1½ years ago to focus on his music, he was the managing director of corporate treasury at DBS.

Mr Jonathan Kang, 44, who plays bass and sings in There Be Wolves, is a fellow banking alumnus who followed in Mr Lee’s footsteps, quitting his job as a senior vice-president in marketing at UOB at the end of June 2024.

Before his nine-year stint in the banking sector, he was in advertising for several years. In his 20s, around the time when he was studying media and journalism at Murdoch University in Perth, Australia, he worked as a musician for a while.

The other band members are guitarist George Lenox, 43, who works as a graphic designer; and drummer Kalaiselvan Algasamy, 44, a drum instructor by day.

Mr Lee and Mr Kang say they left a career in banking for more freedom to pursue their passion in music and to develop new income streams.

“I constantly tell my children that I’m not going to be around forever. At some point, I realised that my own regrets on my deathbed would not be about not getting that promotion. I would regret that the songs I had written would die on paper,” says Mr Lee, who is married to a housewife.

He has been writing music since he was 13 and has penned around 80 songs since leaving banking.

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