High-Profile Market Head Quits DBS
The head of the global south Asia team at DBS has resigned from his position, according to information obtained by finews.asia. The private banker is likely heading for a rival Asian bank.
By Shruti Advani, Guest Contributor finews.asia
In a move that is sure to surprise many, Varun Chugh, the head of the global south Asia team, resigned from his position at DBS, according to a source familiar with the matter. Chigh, who joined the Singapore-based bank in 2012 from Switzerland's Clariden Leu, survived the bank’s 2014 acquisition of Societe Generale and saw his role expanded at the end of it.
A career private banker, Chugh is well-known in Asian private banking circles and is believed to be headed to a rival bank in Asia.
