DBS Executive and Leadership Team

May, 2026

Leadership Overview

DBS has 10 executives leading key functions including strategy, operations, and technology.

Driven by a commitment to innovation, DBS is dedicated to providing leading financial services and shaping the future of banking across Asia.

Leadership Roles at DBS

  • Chief Executive Officer - Virginia Cheng
  • Chief Executive Officer, DBS Tech China - Kevin Yang
  • Chief Executive Officer & General Manager (Taiwan) - Sier Ng
  • Senior Vice President - Strategy and Planning (CEO's Office) - Murugan Subramaniam
  • Chief Operating Officer - Rachel Chew
  • Business Analyst & Chief Operating Officer, Technology - Tng Yu
  • Analyst-Transaction Execution Team- IBG Chief Operating Officer - Daksh Ashar
  • Senior Vice President. Institution Banking Group Chief Operating Officer - Strategic Implementation - Data Management - Lee Yoong
  • Business Management Associate & Chief Operating Officer, Gfm Office - Joseph Yek
  • Chief Operating Officer, Human Resources & Specialist - Cedric Cao
  • Virginia Cheng - Chief Executive Officer

    Virginia Cheng, the Chief Executive Officer at DBS, directs the overarching strategy and operational execution for the multinational banking and financial services corporation. Overseeing all major business units and corporate functions, Virginia Cheng ensures alignment with the company's mission to be a leading digital bank in Asia. This leadership role involves driving innovation in financial technology and expanding market reach across key regions. By optimizing global operations and fostering strategic partnerships, Virginia Cheng directly impacts the company's growth and financial stability. The Chief Executive Officer's responsibilities include setting the long-term vision and ensuring the delivery of exceptional client value. This executive guides the organization through evolving market dynamics, maintaining DBS's position as a trusted financial partner.
    Virginia Cheng

    Kevin Yang - Chief Executive Officer, DBS Tech China

    Kevin Yang, the Chief Executive Officer, DBS Tech China at DBS, spearheads the technological development and strategic implementation within the Chinese market. Overseeing all aspects of DBS's technology operations in China, Kevin Yang ensures the delivery of innovative digital banking solutions tailored to local needs. This leadership position involves driving technological advancements and managing the integration of new platforms to enhance customer experience and operational efficiency. By fostering a culture of innovation and excellence within the tech teams, Kevin Yang directly contributes to DBS's expansion and market penetration in China. The Chief Executive Officer, DBS Tech China's mandate includes building robust IT infrastructure and cybersecurity measures. Yang's focus is on leveraging technology to support business growth and maintain a competitive edge in the dynamic Chinese financial landscape.

    Sier Ng - Chief Executive Officer & General Manager (Taiwan)

    Sier Ng, the Chief Executive Officer & General Manager (Taiwan) at DBS, leads the strategic direction and operational management for DBS's operations in Taiwan. Overseeing all business activities and market development initiatives, Sier Ng ensures the delivery of comprehensive financial services and digital banking solutions to the Taiwanese market. This executive role involves driving growth, managing risk, and fostering strong client relationships across the region. By championing digital transformation and customer-centric strategies, Sier Ng directly enhances DBS's presence and impact in Taiwan. The Chief Executive Officer & General Manager (Taiwan)'s responsibilities include navigating local regulatory environments and expanding the bank's service offerings. Ng's leadership ensures operational excellence and sustained business performance within the Taiwanese financial sector.

    Murugan Subramaniam - Senior Vice President - Strategy and Planning (CEO's Office)

    Murugan Subramaniam, the Senior Vice President - Strategy and Planning (CEO's Office) at DBS, drives strategic initiatives and planning functions directly supporting the Chief Executive Officer. Overseeing the development and execution of long-term corporate strategies, Murugan Subramaniam ensures alignment across all business units and facilitates informed decision-making at the highest levels. This critical role involves analyzing market trends, identifying growth opportunities, and formulating actionable plans to achieve organizational objectives. By providing strategic insights and coordinating planning efforts, Subramaniam directly contributes to DBS's sustained competitive advantage and financial performance. The Senior Vice President - Strategy and Planning's focus includes enhancing operational frameworks and driving strategic implementation across the organization. Subramaniam's work is integral to shaping the future direction of the bank.

    Rachel Chew - Chief Operating Officer

    Rachel Chew, the Chief Operating Officer at DBS, directs the operational efficiency and effectiveness across the bank's global functions. Overseeing day-to-day operations, technology infrastructure, and business process optimization, Rachel Chew ensures seamless service delivery and robust risk management. This leadership position involves implementing strategic initiatives to enhance operational performance, streamline workflows, and drive digital transformation. By fostering collaboration between departments and optimizing resource allocation, Chew directly contributes to the bank's overall productivity and client satisfaction. The Chief Operating Officer's responsibilities include managing operational budgets, ensuring regulatory compliance, and driving continuous improvement across all operational domains. Rachel Chew's focus is on maintaining high standards of operational excellence and supporting the bank's strategic growth objectives.

    Tng Yu - Business Analyst & Chief Operating Officer, Technology

    Tng Yu, the Business Analyst & Chief Operating Officer, Technology at DBS, leads the operational strategy and execution for the bank's technology division. Overseeing technology operations, system development, and IT service delivery, Tng Yu ensures the robust and efficient functioning of DBS's digital platforms. This role involves analyzing business requirements, implementing technological solutions, and managing IT projects to support strategic business goals. By driving technological innovation and optimizing IT infrastructure, Yu directly enhances the bank's digital capabilities and operational resilience. The Business Analyst & Chief Operating Officer, Technology's responsibilities include managing technology budgets, ensuring cybersecurity, and driving the adoption of new technologies. Tng Yu's focus is on aligning technology operations with the bank's overall business strategy and delivering cutting-edge solutions.
    Tng Yu

    Daksh Ashar - Analyst-Transaction Execution Team- IBG Chief Operating Officer

    Daksh Ashar, the Analyst-Transaction Execution Team- IBG Chief Operating Officer at DBS, manages critical operational aspects within the Institutional Banking Group (IBG). Overseeing transaction execution processes and supporting the IBG Chief Operating Officer, Daksh Ashar ensures the smooth and efficient completion of complex financial transactions. This role involves analyzing transaction workflows, identifying areas for improvement, and implementing operational enhancements to support business objectives. By meticulously managing transaction execution and providing analytical support, Ashar directly contributes to the operational integrity and efficiency of the IBG. The Analyst-Transaction Execution Team- IBG Chief Operating Officer's responsibilities include ensuring compliance with regulatory requirements and optimizing operational procedures. Daksh Ashar's focus is on enhancing the effectiveness of transaction processing and supporting the strategic goals of the Institutional Banking Group.

    Lee Yoong - Senior Vice President. Institution Banking Group Chief Operating Officer - Strategic Implementation - Data Management

    Lee Yoong, the Senior Vice President. Institution Banking Group Chief Operating Officer - Strategic Implementation - Data Management at DBS, drives strategic data management initiatives within the Institutional Banking Group (IBG). Overseeing the implementation of data management strategies and operational frameworks, Lee Yoong ensures the integrity, security, and effective utilization of critical data assets. This leadership role involves developing and executing plans to enhance data governance, improve data quality, and leverage data analytics for strategic decision-making. By optimizing data management processes and ensuring compliance with data regulations, Yoong directly supports the IBG's operational efficiency and strategic objectives. The Senior Vice President's focus includes implementing advanced data solutions and fostering a data-driven culture. Lee Yoong's contributions are vital for enhancing the IBG's analytical capabilities and strategic implementation.

    Joseph Yek - Business Management Associate & Chief Operating Officer, Gfm Office

    Joseph Yek, the Business Management Associate & Chief Operating Officer, Gfm Office at DBS, oversees business management and operational functions within the Global Financial Markets (GFM) Office. Directing operational activities and supporting strategic initiatives, Joseph Yek ensures the efficient functioning of the GFM Office and its alignment with broader bank objectives. This role involves analyzing business performance, optimizing operational processes, and managing resources to support market activities. By enhancing operational frameworks and providing critical business insights, Yek directly contributes to the effectiveness and strategic execution within the GFM Office. The Business Management Associate & Chief Operating Officer's responsibilities include driving operational improvements and supporting the strategic direction of the GFM Office. Joseph Yek's focus is on ensuring operational excellence and supporting the growth of DBS's global financial markets business.

    Cedric Cao - Chief Operating Officer, Human Resources & Specialist

    Cedric Cao, the Chief Operating Officer, Human Resources & Specialist at DBS, directs the operational strategy and execution for the Human Resources function. Overseeing HR operations, talent management systems, and employee support services, Cedric Cao ensures the efficient and effective delivery of HR programs. This leadership role involves optimizing HR processes, implementing technology solutions for workforce management, and ensuring compliance with labor regulations. By enhancing HR operational efficiency and supporting employee development initiatives, Cao directly contributes to the bank's ability to attract, retain, and develop top talent. The Chief Operating Officer, Human Resources' responsibilities include managing HR budgets, driving HR digital transformation, and fostering a positive employee experience. Cedric Cao's focus is on aligning HR operations with the bank's strategic people agenda and supporting organizational growth.
    Cedric Cao

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    Frequently Asked Questions Regarding DBS Top Executives and Leadership Team

    Who leads DBS?
    DBS is led by Virginia Cheng (Chief Executive Officer), along with executives such as Kevin Yang (Chief Executive Officer, DBS Tech China) and Sier Ng (Chief Executive Officer & General Manager (Taiwan)).
    Who is part of DBS’s executive team?
    The executive team of DBS includes leaders such as Virginia Cheng (Chief Executive Officer), Kevin Yang (Chief Executive Officer, DBS Tech China), Sier Ng (Chief Executive Officer & General Manager (Taiwan)) and other senior executives.
    How many executives does DBS have?
    DBS has 10 executives leading key business areas.
    What roles are included in DBS’s leadership team?
    The leadership team of DBS includes roles such as Chief Executive Officer, Chief Executive Officer, DBS Tech China, Chief Executive Officer & General Manager (Taiwan), Senior Vice President - Strategy and Planning (CEO's Office), Chief Operating Officer.