DBS has announced key leadership changes in its institutional banking franchise, in line with grooming talent from within.
Current group head of small and medium enterprises (SME) banking Joyce Tee will be head of institutional banking group for DBS China, with effect from Jan 1, 2023. In her new role, Tee will report jointly to group head of institutional banking Tan Su Shan and country head of DBS China Ginger Cheng.
Tee will oversee the overall institutional banking business in China, capturing business flows including opportunities from the Greater Bay area and ride the next wave of growth. She has held several senior roles in DBS’ institutional banking business since 2004.
The group head of SME banking role will be succeeded by the bank’s current head of mid cap, SME banking Koh Kar Siong. Koh will report directly to Tan from Jan 1, 2023.
In his new role, Koh will oversee the bank’s SME banking businesses across the region as well as being responsible for the strategic operations of mid cap corporates and SME businesses across DBS’ six core markets, among others.
Koh joined DBS in 2003 and was previously DBS China’s managing director and head of consumer banking and wealth management.
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“With their deep experience and extensive industry knowledge, I am confident that [Tee] and [Koh] will take our institutional banking business franchise to the next level,” says Tan.