DBS announced that it will be appointing Ginger Cheng, currently Deputy CEO of DBS China and Head of DBS' Institutional Banking Group (IBG) in China, as DBS China's new country CEO, effective 1 April 2022, subject to regulatory approval. She will succeed Neil Ge, who will be retiring from the bank in end-June 2022. Like Ge, Cheng will be part of DBS' Group Management Committee.

As CEO of DBS China since June 2012, Ge oversaw the repositioning of DBS China's consumer and SME business, the sharpening of the Institutional Investors.