, Hong Kong
726 views

DBS appoints Sebastian Paredes as head of North Asia

Paredes will continue in his role as CEO of DBS Bank (Hong Kong).

Sebastian Paredes, current CEO of DBS Bank (Hong Kong), has been appointed by DBS in the newly-created role as head of North Asia.

Paredes will have oversight of Hong Kong, mainland China, and Taiwan. 

Ginger Cheng, CEO of DBS Bank (China) and Ng Sier Han, newly-appointed CEO of DBS Taiwan will both report to Sebastian Paredes. Both Cheng and Ng will also be members of DBS’ Group Management Committee.  

Paredes has served as CEO of DBS Bank (Hong Kong) since September 2010. He is also currently a non-executive director of DBS Bank (China).

ALSO READ: DBS secures China central bank funding for lending to green projects

Under his leadership, DBS rose to become the fifth-largest bank in Hong Kong by income and the fourth-largest by net profit, breaking the US$1b mark in 2022. 

“The management changes reflect DBS’ deep bench strength and our grooming of talent from within. The creation of a new Head of North Asia role will also enable us to give greater focus and oversight to a region that will only grow in importance in the coming years,” said DBS CEO Piyush Gupta.

Follow the link for more news on

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.