Former Singapore general joins DBS debt team-sources
SINGAPORE |
SINGAPORE Jan 15 (Reuters) - The Singapore Armed Forces' former intelligence chief Bernard Tan will join DBS Group (DBSM.SI) as a managing director in its debt capital markets team, banking sources told Reuters on Tuesday.
DBS, Southeast Asia's largest bank by assets, was not immediately available for comment.
Tan, a brigadier general whose last appointment was director of intelligence, has a first class degree in economics and political science from the UK's University of Birmingham and an MBA from the Massachusetts Institute of Technology, according to a government Web site.
Job-hopping has been rampant in Asia's booming banking sector.
But it is unusual for military leaders to join Singapore's banking sector, although many have joined government-linked firms in other sectors.
DBS, in which state investor Temasek Holdings [TEM.UL] owns 28 percent, is still hunting for a CEO to replace Jackson Tai, who stepped down last month. (Reporting by Kevin Lim, editing by Neil Chatterjee)
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