By Gaurav Raghuvanshi
SINGAPORE--Edmund Lee, the chairman and chief executive of DBS
Vickers Securities, will join J.P. Morgan Chase & Co. (JPM) as
senior country manager for Singapore, according to an internal memo
seen by The Wall Street Journal on Wednesday.
Mr. Lee, who has almost 30 years of experience in the banking
industry, "will lead the strategic development of the franchise in
Singapore and oversee the delivery of the global platform across
all lines of business in the country," according to the memo.
His appointment is subject to regulatory approvals, according to
the memo.
Mr. Lee will fill the position created by the exit of Philip
Lee, who joined Deutsche Bank AG (DB, DBK.XE) last month.
DBS Vickers is a securities and derivatives brokerage in
Singapore and a unit of DBS Group Holdings Ltd. (D05.SB, DBSDY),
the region's biggest bank by assets.
Write to Gaurav Raghuvanshi at
gaurav.raghuvanshi@dowjones.com
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