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HONG KONG,30 September 2016 -

Anuruk (Art) Karoonyavanich has been appointed as Chief Executive Officer of DBS Asia Capital Limited, effective 1 October 2016. Art succeeds Jerry Tse and reports to Sebastian Paredes, Chief Executive Officer of DBS Bank (Hong Kong) Limited, and Seat Moey Eng, Group Head of Capital Markets, DBS Bank. With this appointment, Art will also join the Hong Kong Management Committee of DBS.

In his new role, Art has broad responsibility for the bank’s Capital Markets arm in Hong Kong and China, including advisory and underwriting for initial public offerings and secondary fund raisings, pre-IPO fund raisings and advisory, and other corporate finance services.

Art’s appointment is in addition to his current role as Managing Director and Regional Head of Equity Syndicate, Capital Markets.

Prior to joining DBS in 2015, Art was Managing Director and Global Head of Equity Syndicate at Standard Chartered Bank. He has over 17 years of investment banking experience based across Asia, including Hong Kong, Singapore, Tokyo and Bangkok. Since starting his investment banking career at Lehman Brothers in 1999, Art has held various senior management positions at Standard Chartered Bank, Nomura and Lehman Brothers, where he led numerous landmark equity capital markets transactions for issuers across Asia.

Photo Caption
Anuruk (Art) Karoonyavanich has been appointed as Chief Executive Officer of DBS Asia Capital Limited.

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About DBS
DBS - Living, Breathing Asia
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific.

DBS is at the forefront of leveraging digital technology to shape the future of banking, and has been named “World’s Best Digital Bank” by Euromoney. The bank has also been recognised for its leadership in the region, having been conferred “Asia’s Best Bank” by The Banker and Euromoney, and “Asian Bank of the Year” by IFR Asia. The bank has also been named “Safest Bank in Asia” by Global Finance for eight consecutive years from 2009 to 2016.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 22,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.

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