DBS names Joseph Poon as regional head of SE Asia

Visual from the company's Facebook page

Singapore-based leading bank DBS has appointed Joseph Poon as its regional head in South East Asia with effect on August 16, 2016.

Together with Poon, DBS head of North Asia and Private Banking Jun Tjandra, and head of International Rob Ioannou will report to Lawrence Lua, who has been promoted to the position of deputy head of DBS Private Bank.

Lua was previously head of South & Southeast Asia at DBS Private Bank and will continue to report to Tan Su Shan, group head of Consumer Banking & Wealth Management.

Poon was most recently head of UBS Wealth Management, that handles ultra high net worth clients and Global Family Office businesses for SE Asia.

He is a veteran in the wealth management industry and has held various senior positions at private banks, including Julius Baer, Macquarie Private Bank Asia, and JPMorgan Singapore.

Lua, meanwhile, joined DBS Private Bank in 2011 and has been instrumental in driving the bank’s private banking business in South and Southeast Asia. His promotion underscores DBS’ commitment to internal mobility and talent development as the bank continues to build upon its successes in the region.

“As we further entrench our position as a leading wealth manager in Asia, we believe that it is important to identify and build deep bench strength in our bank. With these senior appointments, we are ready to take our private banking business to the next level with a strong focus on the ultra high net worth segment and the digital evolution,” DBS said in its statement.

Over the last few years, DBS Private Bank has grown to become the sixth largest wealth manager in Asia Pacific. According to an April 2016 ranking released by Asian Private Banker, a wealth management industry publication, DBS is the only Singaporean bank in the top six and the latest ranking brings the bank to within a whisker of its aim of being among the top five wealth managers in the region.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.