If there’s one thing clients agree about Sim, it’s that he’s always candid. He sums up his ethos in just two words: truth and logic. An approach that yields conclusions that are consistently consistent. And one that has served him well for over 35 years, banking across Asia, North America and the Middle East.
Today, Sim is responsible for DBS’ Consumer Banking and Wealth Management business, and was DBS' first country head for 8 years, delivering greater synergy and value across the bank in Singapore.
Before joining DBS, Sim was President and CEO of Nikko Citigroup, where he also oversaw corporate & investment banking, institutional brokerage and fixed income & equity trading in Japan as a board member of Nikko Citi Holdings.
In 2007/2008, he was Citigroup Country Officer, and Chairman of Citibank in Hong Kong, developing the strategy for Hong Kong’s markets and banking franchise, and supporting the consumer and wealth management businesses.
Prior to that, Sim was Regional Head of Emerging Markets Sales and Trading for the Asia-Pacific, based in Singapore. He was responsible for foreign exchange, local currency derivatives & money markets, fixed income trading & origination in 13 markets. During this period, he was also the non-executive Chairman of Citibank in Malaysia.
Presently, Sim is Chairman of DBS Vickers Securities Holdings. He sits on the board of Nikko Asset Management in Japan, as well as the Building and Construction Authority, and ST Engineering. He also serves as Singapore's High Commissioner (Non-Resident) to the Federal Republic of Nigeria.
A Japanese government Monbusho scholar, Sim graduated with his Bachelor's in BA from Yokohama National University, Japan in 1983.