Lawrence Lua appointed as DBS private bank Head of SEA business

Lua, who will be based in Singapore, joins DBS private bank from Julius Baer where he was managing director and senior advisor.

Lua, 53, brings 30 years of banking experience to DBS. Lua headed a Senior Client Banker team and was co-head of the Product Committee and Legal & Compliance Committee for Singapore. He was also involved in the setting up of the bank’s Advisory Excellence framework for Asia, which helps to better understand the clients’ goals, assess their risk profile and determine the appropriate investment solutions.

Group Head of Wealth Management at DBS, Tan Su Shan said, “Southeast Asian economies have navigated the global financial crisis well and they are on track to grow on the back of Asia’s rise. The growing wealth in the region presents huge opportunities for us and recently we made several appointments that will help to further bolster our capabilities and add depth of experience to the team. These appointments underline our commitment to bringing customised Asian-centric solutions to help our clients unlock opportunities as they create and grow their wealth.”