Singapore’s DBS Group has appointed veteran banker Paulus Sutisna as president director of DBS Indonesia, subject to regulatory approvals.

Sutisna joins DBS from HSBC Indonesia, where he was previously head of client management for global banking and co-head of cash management.

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Sutisna, who is a career banker with over 25 years of banking experience, will also become a member of the DBS Group Management Committee.

Prior to HSBC, he spent more than 20 years in various functions in Citibank, including the role of managing director and head of the multinational franchise in Indonesia.

Commenting on the appointment, DBS CEO Piyush Gupta said: "Given Paulus’ extensive banking experience and wide Indonesia connections, I believe he will be able to help us build on our successes, and deliver even greater connectivity and value to our clients."

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