Hong Kong, 29 Nov 2022 - DBS Asia Capital Limited is pleased to announce the appointment of Lindsay Chu as its Chief Executive Officer. He is also the Head of Capital Markets of DBS in Hong Kong and China and a member of the DBS Hong Kong Management Committee.
Sebastian Paredes, Chief Executive Officer of DBS Bank (Hong Kong) Limited, said, "Lindsay has a proven track record of success in spearheading major private equity transactions across Asia. I am confident that our Hong Kong Capital Markets team will grow from strength to strength under his leadership."
Lindsay has more than two decades of international investment banking experience under his belt, having served as Managing Director and Head of Corporate Finance and Financial Sponsors Group, Asia ex-Japan Investment Banking Division at Nomura; Managing Director and Head of Financial Sponsors Group, Asia-Pacific at HSBC; and Vice President, Investment Bank, Financial Sponsors and Leveraged Finance Group at JPMorgan.
Lindsay also succeeds Anuruk (Art) Karoonyavanich as CEO of DBS Asia Capital Limited. Art, who joined DBS since 2015, will be relocating to Singapore to assume his new role as Managing Director & Head of Capital Markets, Singapore and will join the DBS Singapore Management Committee. Art will retain his roles as Regional Head of Equity Syndicate and Board Chairman of DBS Vickers (Hong Kong) Limited.
DBS Capital Markets Group is a leading equity house in Asia. It provides equity funding solutions to our corporate clients in the region and acts as an intermediary between issuers and our investing clients. DBS also operates the securities joint venture, DBS Securities (China) Limited, which provides brokerage, securities investment consulting, securities underwriting and sponsorships, as well as proprietary trading in China. DBS has been named the "Best Investment Bank in Asia-Pacific" by Global Finance (2019 - 2020).
Lindsay Chu has been appointed as Head of Capital Markets of Hong Kong and China and CEO of DBS Asia Capital Limited.
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named "World's Best Bank " by Global Finance, "World's Best Bank" by Euromoney and "Global Bank of the Year" by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank< /a>" by Euromoney and the world's "Most Innovative in Digital Banking " by The Banker. In addition, DBS has been accorded the "Safest Bank in Asi a" award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.