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DBS Undergoes Shake Up With Several Management Role Swaps

DBS Bank has made several senior-level rotations that will take effect on 1 April 2023 following the retirement of Sim S. Lim, Group Head of Consumer Banking (CBG)/ Wealth Management. He will continue to stay on as a senior advisor.

Shee Tse Koon, Country Head of DBS Singapore, will be succeeding Sim as the new Group Head of CBG/ Wealth Management.

Meanwhile, Han Kwee Juan, Group Head of Strategy and Planning, will assume the role of Singapore Country Head.

Taking over from Han is Lim Him Chuan who is currently the CEO of DBS Bank Taiwan. He will be returning to Singapore to assume his new role.

Ng Sier Han, who was appointed Director of Integration (Taiwan) in April 2022, will then take over as DBS Bank Taiwan’s CEO.

Lastly, Sebastian Paredes will assume the newly-created role of Head of North Asia, with oversight of Hong Kong, China and Taiwan in addition to his current role as CEO of DBS Hong Kong.

Piyush Gupta

Piyush Gupta, CEO of DBS said,

“The management changes reflect DBS’ deep bench strength and our grooming of talent from within. The creation of a new Head of North Asia role will also enable us to give greater focus and oversight to a region that will only grow in importance in the coming years.

Sim has been an integral member of the DBS senior team since joining us in 2010. We owe much to the way he steered the franchise in Singapore, the Group’s largest market, and to his leadership of CBG/ Wealth Management.”