Published: September 24, 2021
John Laurens will be retiring from DBS at the end of 2021 after seven years of committed leadership to establish the bank’s transaction banking franchise as a global leader in digitalisation, trade, cash and securities services.
John has stepped down as Group Head of Global Transaction Services, passing the baton to Lim Soon Chong with effect from August 1. To ensure a smooth transition he will stay on as a senior advisor at DBS until December 31, 2021.
John has over 30 years of banking experience, with over 20 years spent in the Asia Pacific region where he undertook regional leadership roles in sales, product management, relationship management and corporate and commercial banking.
Before joining DBS, John led HSBC’s Asia Pacific Global Payments and Cash Management business from 2007 to 2014. Under his leadership, this business transformed into a high growth and high performing franchise that produced US$2.2 bn revenues in 2013. Prior to his time with HSBC, John was with Citibank Australia where he was Head of Corporate Banking and also held senior transaction banking positions with Citibank, including Regional Head, Global Cash and Trade, Asia-Pacific with responsibility for product management in Singapore. Before moving to Asia in 1994, he undertook a variety of roles in Europe covering relationship management, global custody, investment management and marketing.
Recognised as a leader in the transaction banking industry globally, John is an Associate of the Chartered Institute of Bankers and a Fellow of the Institute of Banking and Finance Singapore. He served on the board of SWIFT from 2011 to 2014, during which time he chaired SWIFT’s sub-committee overseeing the establishment of SWIFT India, the first such local incorporation initiative undertaken by SWIFT.
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