DBS has announced a series of senior leadership appointments as part of its commitment to nurturing talent from within the organisation. The changes, effective from December 2026 to March 2027, follow the retirement of Sebastian Paredes, Head of North Asia and CEO of DBS Bank (Hong Kong), who will transition to a Senior Adviser role.
Ng Sier Han, currently CEO of DBS Taiwan, will take over as CEO of DBS Bank (Hong Kong) on 1 March 2027. Lim Chu Chong, the current President Director of DBS Indonesia, will become CEO of DBS Taiwan starting 1 January 2027. Adrian Chai, a Managing Director in the Institutional Banking Group, will assume the role of President Director of DBS Indonesia on 1 December 2026.
Paredes, who has led DBS Bank (Hong Kong) since 2010, has been instrumental in achieving a record net profit of $1.61b in 2025 and securing accolades such as Best International Bank in Hong Kong. His strategic leadership also bolstered DBS’ Greater China operations, which reported a net profit of $791m in 2025.
Ng has been pivotal in integrating Citi’s consumer business in Taiwan, leading to a record net profit of $410m in 2025. Lim has driven DBS Indonesia’s growth, achieving double-digit net profit growth and recognition as Indonesia’s Best Digital Bank for Large Corporates in 2025. Chai has strengthened DBS’ Institutional Banking Group, particularly in sectors like Automotive and Agribusiness.
DBS CEO Tan Su Shan expressed gratitude for Paredes’ contributions and confidence in the new appointees, highlighting their deep institutional knowledge and strong client relationships. These appointments underscore DBS’ strategy of leveraging internal talent to sustain its leadership in Asia’s dynamic markets.
