Securities and derivatives brokerage firm DBS Vickers, a wholly owned subsidiary of DBS Bank, has named a new CEO to its Hong Kong operations.

Josephine Lam has been appointed to the role of Chief Executive Officer of DBS Vickers (Hong Kong) the firm said in a statement to finews.asia. Lam succeeds Kevin Leung and reports to Sebastian Paredes, Chief Executive Officer of DBS Bank (Hong Kong).

In the new role, Lam will oversee DBS Vickers’ corporate and retail sales business in Hong Kong, with responsibility for its strategic planning and overall development.

She was previously General Manager of Guoco Capital, where she helped revamp its brokerage platform for stocks, futures, structured products, fixed income and bullion. Prior to that, she worked for HSBC in various roles, including Head of Wealth Management, Hong Kong, Head of Retail Securities, Asia Pacific, and Head of Business Management of Global Wealth Transformation.