A senior management reshuffle at DBS Group will see its head of consumer banking and wealth management, Tan Su Shan, appointed as group head of institutional banking (IBG) from 1st February 2019.
Tan Su Shan, who has headed wealth management at DBS since 2013, will be replacing Jeanette Wong who plans to retire from the post next year. Su Shan has been credited with overseeing the digital transformation at DBS wealth management through introducing the iWealth app.
DBS will appoint Sim S. Lim, presently DBS’ Singapore Country Head, as the new head of consumer banking and wealth management. Meanwhile, Shee Tse Koon, presently DBS’ Group Head of Strategy and Planning, will take over as Singapore Country Head from 1 December 2018.
Lim was made Singapore Country Head in 2010 following a wide ranging career in financial markets. Prior to joining DBS, Sim was the President and CEO of Nikko Citigroup Limited in Japan. During the recession Lim was the country officer of Citigroup Hong Kong and Chairman of Citibank Hong Kong Limited.
In July, DBS said it had appointed Tan Teck Long as its new chief risk officer (CRO), replacing Elbert Pattijn who retired from the bank.