Singapore's DBS Group Holdings reshuffles its management with several senior-level organisational appointments that will take effect over the course of the next few months.

  • Shee Tse Koon, presently DBS’ Group Head of Strategy and Planning, will take over as Singapore Country Head from 1 December 2018, according to a media release on Tuesday.
  • Sim S. Lim, presently DBS’ Singapore Country Head, will succeed Tan Su Shan as Group Head of Consumer Banking (CBG) & Wealth Management from 1 January 2019
  • Tan Su Shan, presently Group Head of Consumer Banking & Wealth Management, will succeed Jeanette Wong as Group Head of Institutional Banking (IBG) from 1 February 2019. This is to allow for a smooth transition ahead of Wong’s plans to retire on 1 March 2019.

Wong served as Chief Financial Officer from 2003 to 2008. In 2008, she moved on to her current role as Group Head of IBG.

From Strength to Strength

Under her leadership, DBS has built one of the most successful corporate and institutional franchises in the region. Over the years, DBS’ Global Transaction Banking and SME businesses have also grown from strength to strength.

Tan joined DBS in June 2010 as Group Head of Wealth Management, before taking on an expanded portfolio which also comprised oversight of Consumer Banking. While she is best known for her outstanding leadership in private banking, in the course of her career, she has also had stints in investment banking and institutional sales.

One-Bank Customer Proposition

In her new role, some of her focus areas will include strengthening CBG, Private Banking & IBG connectivity, enabling DBS to further solidify its «one-bank» customer proposition. She will also continue to drive IBG’s digital agenda and focus in customer experience.

Lim, a 35-year banking veteran, joined DBS in September 2010 as Country Head, DBS Singapore, a then newly-created role. Over the years, he has built a robust country management team and process for Singapore, and helped provide direction for DBS Vickers, as well as the bank’s operations in Japan and Thailand.

More Than 20 Years at Standard Chartered

During this period, he has also gained good experience in the consumer and payments space, which will serve him well in his new role.

Shee brings with him almost 25 years of banking experience, and including 22 years at Standard Chartered Bank, which spanned front and back office roles, and included stints in Asia, the Middle East and Europe.

Building Ecosystems Agenda

Prior to joining DBS in September 2016, he was Country Head of Standard Chartered Indonesia. As Group Head of Strategy and Planning in DBS, he has been key in helping to flesh out the bank’s strategies for SME as well as growth markets, and in building out its ecosystems agenda.