DBS Private Bank announced yesterday that it has hired veteran banker Chan Kwee Him, 56, as country head of Indonesia to accelerate the growth of its private banking business in this $80 billion high-net-worth individual HNWI market.
Indonesia, together with China and India, are priority growth markets for DBS as the bank executes CEO Piyush Gupta’s strategic roadmap to strengthen its regional wealth management proposition for Asia’s affluent. For more on Gupta's plan, see the cover story in the October issue of FinanceAsia magazine.
Chan brings to the role 30 years' experience and has spent the better part of his career growing assets for wealthy Indonesian clients. He will join DBS on November...