DBS has appointed one of its veteran bankers, Ginger Cheng, as its new country chief executive officer (CEO) for its China operations effective April 1. Cheng is currently deputy CEO of DBS China and head of DBS's Institutional Banking Group (IBG) in China. She will replace Neil Ge who will be retiring from the bank at the end of June. Cheng will also be part of DBS's Group Management Committee upon appointment. Cheng first joined syndicated finance at DBS Hong Kong in 2001. She has held progressively senior roles in IBG in both Hong Kong and China, and helped grow the bank's IBG business in China. DBS CEO Piyush Gupta expressed that he is particularly delighted that they will further add to DBS's already strong set of female leaders in top management.
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