(5 October 2016 – Singapore) DBS has appointed a new Chief Executive Officer of DBS Asia Capital, the bank's Capital Markets arm in Hong Kong and China.
Anuruk Karoonyavanich has been appointed as CEO of DBS Asia Capital.
He succeeds Jerry Tse and will report to Sebastian Paredes, Chief Executive Officer of DBS Bank in Hong Kong, and Seat Moey Eng, Group Head of Capital Markets, DBS Bank.
In his new role, Karoonyavanich will have broad responsibility for the bank’s Capital Markets arm in Hong Kong and China, including advisory and underwriting for initial public offerings and secondary fund raisings, pre-IPO fund raisings and advisory, and other corporate finance services.
Prior to joining DBS in 2015, Karoonyavanich was Managing Director and Global Head of Equity Syndicate at Standard Chartered Bank. He has over 17 years of investment banking experience and has worked in Hong Kong, Singapore, Tokyo and Bangkok.
Karoonyavanich has held various senior management positions at Standard Chartered Bank, Nomura and Lehman Brothers, where he led several landmark equity capital markets transactions for issuers across Asia.