DBS has hired former Citibank Singapore CEO Han Kwee Juan, who will take on the role of group head of strategy and planning. The role was previously held by Shee Tse Koon, who was appointed DBS' Singapore country head last year, announced DBS. Han will report to CEO Piyush Gupta.
Han spent 27 years with the US bank, leading businesses in consumer banking, corporate banking, and transaction banking. Han became Citibank Singapore CEO in 2012 and took charge of Citi's consumer banking business in Singapore. Han had "championed innovation targeted at addressing market gaps, as well as driven the digital transformation of the business", Citi said in a statement, reports The Busines Times.
Before taking on the top job at DBS in late 2009, Gupta was Citi's CEO for Southeast Asia, Australia, and New Zealand. He spent 27 years at Citi, beginning at Citibank India in 1982. He took over the CEO role at DBS after the death of Richard Stanley.
"From time to time, it is also good to supplement our bench with external talent, allowing us to gain from new perspectives. Kwee Juan will be a good addition, and I look forward to leading this solid team as we continue on our journey to enrich lives, transform businesses and make a sustainable difference in the communities we operate in," Gupta added.
DBS, which made several changes to its senior management team in late 2018, said this would ensure a smooth transition ahead of the retirement of DBS' group head of institutional banking Jeanette Wong, who retires officially on March 1.
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