DBS Seeking New Chief Investment Officer
DBS Group is looking for a new Chief Investment Officer for its wealth management division to replace Lim Say Boon who is retiring after seven years with DBS.
“The search for a new Chief Investment Officer is going to be tough as the successor faces fierce competition, fees, margin pressure and stringent regulation.”
The wealth management business now accounts for almost 15% for DBS’s top line income and the search for a new Chief Investment Officer is going to be tough as the successor faces fierce competition, fees, margin pressure and stringent regulation.
News Source: CNBC
About DBS Bank
DBS Bank Ltd (SGX:D05) is a Singaporean multinational banking and financial services company. The company was known as The Development Bank of Singapore Limited, before the present name was adopted in July 2003 to reflect its changing role as a regional bank. Founded in 1968, DBS acquired POSB (Post Office Savings Bank) in 1998. With over
280 branches across 18 markets in Asia, DBS serves over four million customers in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia.
- Origin : Singapore
- Assets : SGD 458 billion
- Revenue : SGD 10.8 billion
- Employees : 22,000
Official Website: www.dbs.com
News & Media: Press Release
Updated on 8th August 2016