DBS Vickers has appointed Josephine Lam as chief executive officer of its Hong Kong operation, according to a company statement seen by FinanceAsia.
A spokesperson for DBS Vickers (Hong Kong), the brokerage arm of Singapore's DBS bank in Hong Kong, confirmed the content of the statement.
Lam will succeed former CEO Kevin Leung and will report to Sebastian Paredes, CEO of DBS Bank Hong Kong.
In her new role, Lam will oversee corporate and retail sales in Hong Kong and will also be responsible for strategic planning and overall development, DBS Vickers said.
Before joining DBS Vickers, Lam was a general manager with Hong Kong-based brokerage Mason Securities, formerly known as GuocoCapital. She has helped revamp Mason Securities’ brokerage platform for stocks, futures, structure products, fixed income and bullion, according to the DBS Vickers statement.
She previously held various roles with HSBC including head of wealth management in Hong Kong, head of Asia-Pacific retail securities, as well as head of business management of global wealth transformation.
DBS Vickers has been expanding its footprint outside of Singapore in recent years. It has established a sizable corporate access team in Hong Kong to connect local and Chinese institutions with investors. It has also built a research team covering more than 200 stocks in Hong Kong and Shanghai.
DBS Vickers was formed from a 2001 merger between DBS Securities and Vickers Ballas.
