DBS Asia Capital names Lindsay Chu as new CEO

Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.

DBS Asia Capital has appointed Lindsay Chu as its chief executive officer.

Chu will continue his role as head of capital markets of DBS in Hong Kong and China. He is also a member of the DBS Hong Kong Management Committee.

Chu succeeds Anuruk Karoonyavanich as CEO of DBS Asia Capital. Karoonyavanich will be relocating to Singapore to assume his new role as managing director & head of capital markets, Singapore.

Chu has over two decades of international investment banking experience under his belt. Prior to joining DBS, he served as managing director and head of corporate finance and financial sponsors group, Asia ex-Japan, for the investmentment banking division at Nomura. 

He was also formerly the managing director and head of financial sponsor group, Asia-Pacific at HSBC; and was vice president, investment bank, financial sponsors and leverage finance group at J.P.Morgan.

“Lindsay has a proven track record of success in spearheading major private equity transactions across Asia. I am confident that our Hong Kong Capital Markets team will grow from strength to strength under his leadership,” said Sebasitan Paredes, CEO of DBS Hong Kong, on the appointment.