DBS Bank (Hong Kong) has appointed Jeremy Kok as its head of treasury & markets with effect from Jan 1.
Kok will oversee all aspects of DBS Hong Kong’s treasury & markets division, as well as represent the division as a member of DBS Hong Kong’s management committee.
Prior to his appointment, Kok held dual roles as DBS’s regional head of credit derivatives and quant tech modelling. During his tenure, Kok was responsible for managing market risk exposures, leading new product initiatives to meet evolving market demands, and setting the strategic direction for pricing models and systems development to drive the derivatives and structured products business. He had also established the bank’s fund structuring unit, which launched the treasury & markets’ first variable capital company fund in Singapore.
Kok succeeds outgoing head Tak Lap Leung who will relinquish his role as head of treasury & markets to focus on his role as group head of treasury & markets advisory sales from Feb 1 onwards.
“I wish to thank Tak for his contributions to DBS Hong Kong. Under his capable leadership, the team has propelled the business to greater heights despite the difficult market environment in the past years. I would also like to congratulate Jeremy and I am sure his extensive experience and remarkable leadership will continue to build upon the success of the T&M business,” says Sebastian Paredes, CEO of DBS Hong Kong.
Shares in DBS closed 4 cents lower or 0.12% down at $33.88 on Jan 3.
