HÀ NỘI — DBS on Wednesday announced the appointment of Lại Minh Thúy as Deputy General Director of DBS Vietnam with immediate effect. She will also serve as Head of Global Transaction Services (GTS), leading the bank’s cash management, payments and trade finance business in Việt Nam.

In her new role, Thúy will report to DBS Vietnam CEO Abdul Raof Latiff and help drive the bank’s growth strategy, governance and stakeholder engagement, while overseeing the expansion of DBS Vietnam’s GTS franchise.

Thúy brings more than two decades of leadership experience across transaction banking, country management, governance and regulatory engagement.

She was previously with Citibank Vietnam, where she served in a range of senior leadership roles including Country Services Head, in which she led liquidity management, payments and trade financing. Other previous roles at Citibank Vietnam include Country Treasury and Trade Solutions Head, as well as Head of Legal and Interim Country Officer.

As head of GTS, Thuy will strengthen DBS Vietnam’s cash management, payments and trade finance capabilities, helping businesses manage their treasury, trade and working capital needs across markets.

Latiff commented: “Việt Nam continues to strengthen its role in regional trade, investment and supply chains, creating new opportunities for businesses operating across Asia.

"With more than 20 years of experience spanning transaction banking, governance and country leadership, Thúy is well positioned to support our clients as their cross-border banking needs continue to evolve. Her appointment reflects our continued commitment to support Vietnamese businesses with the banking capabilities they need to capture growth opportunities in Việt nam and across the region.”

DBS is a leading financial services group in Asia with a presence in 19 markets. It established its representative office in Việt Nam in 2008 and opened its first branch in HCM City in 2010. — BIZHUB