Former Singapore general joins DBS debt team-sources

SINGAPORE | Tue Jan 15, 2008 3:19am EST

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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