DBS announced on Monday (Dec 9) that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025.
He will succeed deputy CEO Tan Su Shan who currently holds the position. Tan is set to take over from Piyush Gupta as CEO when he retires in March.
Han was among the pool of potential candidates rumoured to be Gupta’s successor, before the bank named Tan in August. He is currently the bank’s Singapore country head, a position he has held since 2023.
Lim Him Chuan, the current group head of strategy, transformation, analytics and research, will take over the role of Singapore country head from Han, also with effect from Jan 1.
In their new roles, both Lim and Han will continue to be members of DBS’ group executive committee and report to Gupta.
Shares of DBS closed S$0.03 or 0.1 per cent lower at S$43.65 on Monday, before the announcement.
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