DBS has appointed Matt Burns, a former executive at Lloyds Banking Group, as the head of global transaction services in London. Burns brings 17 years of experience in transaction banking to his new role, having held various positions at Lloyds, including managing director of global transaction banking sales for corporate and institutional clients.

In his new position, Burns will be responsible for leading the growth of DBS’s transaction banking business across key markets. He will report directly to Stewart Boyd, the UK country chief executive for DBS. Burns’s appointment is expected to drive the expansion of DBS’s transaction banking services, leveraging his expertise and experience in the field.

Burns has expressed his enthusiasm for joining DBS, citing the bank’s culture and commitment to innovation as key factors in his decision. Having worked with DBS as a partner bank in the past, Burns has had firsthand experience of the bank’s capabilities and is impressed by its reputation as a world-class organization.

The appointment of Burns is a significant move for DBS, as it seeks to strengthen its presence in the global transaction services market. With his extensive experience and knowledge of the industry, Burns is well-placed to drive growth and expansion for DBS’s transaction banking business.

DBS’s decision to appoint Burns as head of global transaction services in London reflects the bank’s commitment to investing in top talent and expertise. The move is expected to enhance DBS’s capabilities in the transaction banking space, enabling the bank to better serve its clients and stay competitive in a rapidly evolving market.

Overall, the appointment of Matt Burns as head of global transaction services in London is a positive development for DBS, and is expected to contribute to the bank’s continued growth and success in the transaction banking sector. With his experience and expertise, Burns is well-equipped to lead the expansion of DBS’s transaction banking business and drive innovation in the field.