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DBS Announces New President Director of PT Bank DBS Indonesia

DBS Announces New President Director of PT Bank DBS Indonesia

(5 August 2022 – Indonesia) DBS has appointed Lim Chu Chong as president director of PT Bank DBS Indonesia, commencing immediately.

Subject to regulatory approval, Lim will succeed Paulus Sutisna in the new role and join DBS’ Group Management Committee. He possesses over 25 years of experience in institutional, SME and consumer banking having previously served as commissioner of DBS Indonesia and chief operating officer (COO) of the DBS Indonesia Institutional Banking Group (IBG). Between 2016 and 2019, he was Head of DBS IBG China and prior to that he was Regional Head of SME Banking.

In his current role as DBS IBG COO, Lim has led key business transformations. These include establishing a new customer experience office to enhance customer engagement, as well as setting up an employee experience office to improve employee experience and drive productivity.

“Indonesia is a key market for DBS, and under Sutisna’s leadership, the business has not only grown but become more diversified, with good balance across the consumer, wealth and institutional banking segments” commented DBS CEO Piyush Gupta.

“In recent years, he has also brought our strong digital capabilities to bear in the market, enabling us to deliver seamless banking to clients. As a career DBS banker with deep business and market experience, I am confident that Lim will build on our strengths in Indonesia and take the business to the next level,” Gupta added.

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