DBS Appointed Lim Chu Chong as New Head of Bank DBS Indonesia

By Editorial Team 01/08/2022
Executive
Summary

DBS announced today that it would appoint Lim Chu Chong as President Director of PT Bank DBS Indonesia (DBS Indonesia) in August, succeeding Paulus Sutisna, subject to regulatory approval. Lim currently holds the position of Chief Operating Officer of Institutional Banking (IBG) DBS. Lim will be part of the DBS Group Management Committee in this new role.

"Indonesia is a key market for DBS, and under Paulus' leadership, our business has not only grown but become more diversified, with good balance across the consumer/wealth and institutional banking segments," Piyush Gupta, DBS CEO, said in a press release, on Monday. According to Gupta, Paulus has also brought DBS' strong digital capabilities to bear in the market.

"As a career DBS banker with deep business and market experience, I am confident that Chu Chong will build on our strengths in Indonesia and take the business to the next level," Gupta said.

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