Sim S. LIM joined DBS on 1 September 2010 as the Country Head, DBS Singapore. In this role, Sim is responsible for helping the bank to develop a more acute customer focus and better leverage the bank’s home market presence, so as to deliver greater synergy and value across the entire Singapore franchise. He is also currently the Chairman of DBS Vickers Securities Holdings Pte. Ltd.
Sim’s 34 years of banking experience spans Asia, North America and the Middle East. Prior to joining DBS, he was the President and CEO of Nikko Citigroup Limited. During this time, he was also a board member of Nikko Citi Holdings, Inc. He was responsible for all corporate & investment banking, institutional brokerage and fixed income, FX & equity trading for Citigroup in Japan.
During his international banking career, Sim held a wide variety of roles with Citigroup spanning Kuala Lumpur, Tokyo, New York, Saudi Arabia, Hong Kong & Singapore. In 2007/2008, he was Citigroup Country Officer, Hong Kong and also served as Chairman of Citibank Hong Kong Limited. Between October 2003 and March 2007, Sim was Regional Head of Emerging Markets Sales and Trading for the Asia-Pacific, based in Singapore. During this period, he was also the non-executive Chairman of Citibank Berhad Malaysia.
Sim is currently an Alternate Member for DBS to the Association of Banks in Singapore. He is also Vice Chairman, ASEAN Business Group, Singapore Business Federation. In August 2014, he was appointed Chairman of Singapore Land Authority in Singapore. He also sits on the Board of Nikko Asset Management Co., Ltd. in Japan and on the Board of Governors for Nanyang Polytechnic. He is also Chairman of ST Aerospace and sits on the Board of ST Engineering.
Sim was a Japanese government Monbusho scholar and graduated with his Bachelor’s in BA from Yokohama National University, Japan in 1983.
A critical element of Corporate Governance at DBS is an active board and management committee structure that undertakes a careful review of decision making within the Group at various levels.