DBS Bank (Hong Kong) Limited has appointed Jeremy Kok as Head of Treasury & Markets (T&M), Hong Kong, with effect from January 1, 2023.

Jeremy has succeeded Tak Lap Leung (Tak), who will relocate to Singapore to focus on his role as Group Head of T&M Advisory Sales from February 1. Since joining DBS Hong Kong in 2003, Tak has been integral to the growth and success of T&M and has led the digital transformation of the business through embedding innovation and data.

In his new role, Jeremy will take care of all aspects of the T&M division, driving business strategy across all functions including sales, trading, and fixed income. He has also been tasked to represent T&M as a member of the DBS Hong Kong Management Committee.

Prior to this appointment, Jeremy served as the Regional Head of Credit Derivatives and Quant Tech Modelling. Managing market risk exposures, leading new product initiatives to meet evolving market demands, and setting the strategic direction for pricing models and systems development to drive the derivatives and structured products business were his main responsibilities. During his tenure, Jeremy also set up the Fund Structuring unit which launched T&M’s first variable capital company fund in Singapore.

“I wish to thank Tak for his contributions to DBS Hong Kong. Under his leadership, the team has propelled the business to greater heights despite the difficult market environment in the past years. I would also like to congratulate Jeremy and I am sure his experience and remarkable leadership will continue to build upon the success of the T&M business,” said Sebastian Paredes, Chief Executive Officer of DBS (Hong Kong) Limited.