DBS Names New Group Head of Global Transactions Services
(27 July 2021 – Singapore) DBS has appointed Lim Soon Chong as the bank's group head of global transactions services to succeed John Laurens who will be retiring.
Lim, who joined DBS in 2006, has led various assignments across functions including consumer, wealth, corporate treasury and risk management. Following his new appointment, Lim will also continue as head of digital for the bank's institutional banking group, where he will drive digital initiatives across the bank's institutional banking business.
Sriram Muthukrishnan will take over Lim's other role as group head of product management for the global transactions services business. Muthukrishnan brings with him more than 20 years of banking experience and is currently DBS Group Head of Trade Product Management.
“The rapid digitalisation of trade, cash management and securities services, and the world’s increased focus on sustainability have opened doors to new avenues of growth for our global transaction banking business. This is an exciting time for Soon Chong to take the lead in propelling the business to greater heights. I would also like to take this opportunity to thank John for his committed leadership and invaluable contributions in establishing our transaction banking franchise as a global leader in trade, cash, securities services and digital in less than a decade,” said DBS Group Head of Institutional Banking Tan Su Shan.
“Sriram’s extensive experience in corporate, institutional and transaction banking functions across the world’s leading financial hubs including Singapore, Hong Kong, Dubai and India places him in good stead to drive DBS’ market leadership in our cash and trade businesses,” Lim said.
Subscribe