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Mon, Nov 02, 2020 – 10:35 am
DBS said Monday that it has appointed Rachel Chew as the group’s head of cash product management effective November 1 to strengthen its transaction banking team.
Chew, who is from Singapore, is taking over from Jasmin Ng, who is now DBS’s head of group consumer banking operations, a company spokesperson told The Business Times.
With more than 20 years of experience in digital business and product development, Ms. Chew will lead the bank’s regional cash product management team, which is part of its global transaction services unit.
Prior to this, Ms Chew led DBS’s digital banking teams in India and Indonesia and spearheaded product and business development for regional units, the bank said.
In her new role, Ms. Chew’s immediate priority will be to “shape and execute the bank’s cash product proposition in Asia, and lead the strategy and expansion of the bank’s cash management franchise into new and emerging markets. existing, “added DBS.
Chew reports to Raof Latiff, who oversees the bank’s digital strategies and solutions across its institutional banking business.
On the other hand, DBS also noted that his latest appointment is in line with the bank’s commitment to embrace gender diversity. Women currently represent 40 percent of the bank’s senior management, ranging from vice presidents to CEOs, DBS said.
At 10:17 a.m. Monday, DBS shares were trading at S $ 20.50, an increase of S $ 0.15 or 0.7%.
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