DBS Group Holdings has named Abdul Raof Latiff as DBS Malaysia country head, effective June 1, and appointed Lim Soon Chong to succeed Latiff as group head of digital for institutional banking and group head of GTS product management, effective immediately.
Latiff will take over from Jeffrey Ling as DBS Malaysia country head. Ling, who will be retiring from this role, will stay on as a senior adviser alongside Latiff to help ensure a seamless transition by continuing engage with DBS’ key clients in Malaysia, with whom he has built relationships over the years.
Latiff, who joined DBS in 2017, has been instrumental in developing and driving the digital transformation of the bank’s institutional banking franchise. Prior to DBS, Latiff held several senior regional positions at global banks, including Citigroup, J.P.Morgan and HSBC, and brings with him more than 25 years of banking experience.
Following Latiff’s move into his new role in Malaysia, Lim will helm the digital, cash and trade product agendas of DBS’ institutional banking group. During his 15-year career at DBS, Lim has taken on a myriad of assignments across a broad spectrum of functions in the consumer, wealth, risk management and corporate treasury spaces, which will serve him well in his new roles.
“The new appointments reflect our commitment to groom talent from within, and enable us to continue to provide more development opportunities to our senior team across the region,” says Tan Su Shan, DBS’ group head of institutional banking. “As a result of our deliberate effort to build our timber from within, a large proportion of our senior leaders have also been developed internally, including over 80% of our managing directors.”