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DBS names group head of global transactions services


Bank continues efforts to develop leadership from within
26 Jul 2021 | 
The Asset
As part of its commitment to groom talent from within, DBS Group Holdings has appointed Lim Soon Chong as group head of global transactions services (GTS) with effect from August 1, succeeding John Laurens who will be retiring.
Tan Su Shan, DBS’ group head of institutional banking, says: “The rapid digitalization of trade, cash management and securities services, and the world’s increased focus on sustainability have opened doors to new avenues of growth for our global transaction banking business. This is an exciting time for Soon Chong to take the lead in propelling the business to greater heights. I would also like to take this opportunity to thank John for his committed leadership and invaluable contributions in establishing our transaction banking franchise as a global leader in trade, cash, securities services and digital in less than a decade.” ....

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Redefining Trade Finance | Global Finance Magazine


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Widespread supply chain disruption during the pandemic put a spotlight on outdated trade finance processes. Now, corporates focused on digital transformation are redefining the financial supply chain as a resilient trade ecosystem, according to Sriram Muthukrishnan, Group Head of Trade Product Management, at DBS.
May 25, 2021
Many paper-based processes and physical touch points will soon become a thing of the past for corporates.
Amid the chaos the pandemic created for supply chains, with delayed deliveries and payments, digital solutions became a lifeline for businesses globally. “Companies see the imperative in streamlining complex trade finance processes, and a focused digital approach is essential to creating resilient trade ecosystems of the future,” said Muthukrishnan. ....

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