DBS Hong Kong announced July 8 the appointment of Peter Tung as head of private banking for Greater China.
Tung assumes this role from Januar Tjandra, who has retired.
As head of private banking for Greater China, Tung is responsible for managing and developing DBS' private banking business in Hong Kong, Macau, Mainland China and Taiwan.
Tung has over 26 years of industry experience, including more than 17 years with Morgan Stanley Asia private wealth management.
He was also head of the ultra-high net worth Greater China business at UBS wealth management for over four years. Prior to DBS, he was a partner at Venturous Capital, a family office specializing in smart city technology investments.