DBS taps Ginger Cheng for DBS China CEO

DBS Bank branchDBS Bank branch

DBS Group said Wednesday it will be appointing Ginger Cheng, currently deputy CEO of DBS China, to the role of CEO of DBS China, effective 1 April. 

Cheng will succeed Neil Ge, who will be retiring at end-June, the filing said, adding that like Ge, Cheng will be part of DBS’ group management committee, Southeast Asia’s largest bank said in a filing to SGX. 

She is also currently the head of DBS’ Institutional Banking Group (IBG) in China, a role she was appointed to in late 2019, the filing said, adding that under her leadership, DBS’ IBG business in China has “grown exponentially.”

Cheng, a Chinese citizen, joined DBS Hong Kong in 2001 in syndicated finance and has held progressively senior roles in IBG in both Hong Kong and China, the filing said. In September 2021, her remit was expanded to include the DBS China deputy CEO role, DBS said.

Ge had been CEO of DBS China since mid-2012, overseeing the repositioning of the consumer and SME business, the improvement of the institutional investors strategy and the establishment of a capital markets franchise, DBS said. Ge had also facilitated the launch of a China securities joint venture, DBS said. 

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