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Singapore's DBS confirms Citi's Stanley as new CEO

Tue Feb 12, 2008 11:41pm EST
 
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SINGAPORE, Feb 13 (Reuters) - Southeast Asia's biggest lender DBS Group (DBSM.SI: Quote, Profile, Research, Stock Buzz) on Wednesday named Richard Stanley from Citigroup (C.N: Quote, Profile, Research, Stock Buzz) as its new chief executive, confirming an earlier Reuters report.

Stanley, 47, was chief executive for Citigroup in China and replaces Jackson Tai who resigned in September last year for family reasons, the bank said in a statement. (Reporting by Saeed Azhar; Editing by Tomasz Janowski)

 

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