DBS Appoints Chief Credit Officer for North Asia

By Entrepreneur Staff | Jan 31, 2026
Xu Qing

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

DBS has appointed Xu Qing as Managing Director and Senior Risk Executive for Hong Kong, and Chief Credit Officer for North Asia, according to a statement. The appointment is effective 1 February.

In his new role, Xu will oversee credit and risk functions across Hong Kong, mainland China, and Taiwan, and will join the Hong Kong management committee. He will relocate from mainland China to Hong Kong.

Xu has more than 20 years of experience spanning market risk, credit risk, operational risk, and business development. He joined DBS China in 2015 and served as Chief Risk Officer of the unit before also taking on the role of Deputy Chief Executive Officer in November 2019.

Prior to joining DBS, Xu held senior positions at ING Group and Standard Chartered.

Commenting on the appointment, Sebastian Paredes, Head of North Asia and Chief Executive Officer of DBS Hong Kong, said Xu brings extensive experience in risk management and leadership across the North Asia markets.

DBS has appointed Xu Qing as Managing Director and Senior Risk Executive for Hong Kong, and Chief Credit Officer for North Asia, according to a statement. The appointment is effective 1 February.

In his new role, Xu will oversee credit and risk functions across Hong Kong, mainland China, and Taiwan, and will join the Hong Kong management committee. He will relocate from mainland China to Hong Kong.

Xu has more than 20 years of experience spanning market risk, credit risk, operational risk, and business development. He joined DBS China in 2015 and served as Chief Risk Officer of the unit before also taking on the role of Deputy Chief Executive Officer in November 2019.

Prior to joining DBS, Xu held senior positions at ING Group and Standard Chartered.

Commenting on the appointment, Sebastian Paredes, Head of North Asia and Chief Executive Officer of DBS Hong Kong, said Xu brings extensive experience in risk management and leadership across the North Asia markets.

Related Content

Business News

Singapore Bets Big on AI in 2026 Budget, Finance Named Key Sector for Transformation

Artificial intelligence (AI) took center stage in Singapore’s 2026 Budget, with the government announcing a comprehensive national strategy to harness AI as a competitive advantage and accelerate transformation across key sectors, including finance. Delivering the Budget statement, Prime Minister and Minister for Finance Lawrence Wong unveiled a new set of national “AI Missions” focused on […]
Business News

Binance Co-CEO Richard Teng: “The Smart Money Is Deploying” Amid Market Volatility

Binance Co-CEO Richard Teng expressed confidence in the long-term outlook for digital assets, emphasizing sustained institutional engagement despite recent market volatility, during a fireside chat at Consensus Hong Kong 2026. Since peaking in October 2025, cryptocurrency markets have experienced a significant correction, with approximately $2 trillion in value erased and Bitcoin trading below $70,000 at […]
Business News

Barclays Appoints Werner Schlossmacher as Chief Operating Officer for Barclays Private Bank Asia

Barclays today announced the appointment of Werner Schlossmacher as Chief Operating Officer (COO) for Barclays Private Bank Asia. Based in Singapore, he will report to Leo Müller, COO of Barclays Private Bank & Wealth Management. Schlossmacher brings more than 30 years of wealth management experience across Singapore, Hong Kong and Switzerland. He joins Barclays from […]
Business News

SMBC Appoints Salim Zaman as Global Head of Foreign Exchange

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Salim Zaman as Global Head of Foreign Exchange, based in Singapore. Zaman will continue in his current role as Co-Head of Global Markets and Treasury for Asia Pacific. In his expanded position, he will oversee SMBC’s global FX strategy and work with regional leadership teams on the management […]
Business News

SFC CEO Says Next-Generation Investors Are Reshaping Finance as Regulator Expands Crypto Framework

Securities and Futures Commission Chief Executive Officer Julia Leung said financial institutions must accelerate their adoption of digital assets and emerging technologies to remain competitive as younger investors increasingly dominate the market. Speaking at Consensus Hong Kong 2026, Leung said second- and third-generation investors, including Generation Z, are changing how financial services are consumed. She […]
Business News

BCG: Tokenization Could Double Hong Kong’s Fund Industry

Hong Kong’s fund industry could expand by adopting token-based finance, according to a white paper published by Boston Consulting Group (BCG) and Aptos Labs, with contributions from Hang Seng Bank. The report states that Hong Kong could double the size of its fund industry by transitioning from legacy infrastructure to tokenized systems. Findings draw on […]