DBS North Asia Head Sebastian Paredes to Retire in March 2027; Ng Sier Han to Succeed

DBS Bank announced that Sebastian Paredes, North Asia head and DBS Hong Kong chief executive, will officially retire on March 1, 2027, and will remain as senior advisor. Paredes has served as DBS Hong Kong CEO since September 2010, joined the DBS Bank (China) board in 2011, and has served as chairman of DBS Bank (China) since April 2023. He also leads DBS Group's North Asia business, managing markets in China, Hong Kong, and Taiwan.

Ng Sier Han, currently DBS Taiwan chief executive, will be transferred to the role of DBS Hong Kong CEO effective March 1, 2027, subject to regulatory approval.