DBS has named Tam Hung as head of global transaction services (GTS) in Indonesia, FinanceAsia reports. He was senior vice-president of its GTS regional cash sales team and head of GTS in Taiwan.

Hung succeeds Stephen Wah and will work under Lum Fong, group head of product management and Ken Stratton, managing director and global head of sales. Prior to this, Hung was associated with Deutsche Bank and Chase Manhattan.

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