DBS Group plans to expand its wealth management assets to approximately SGD 1 trillion by 2030. To achieve this goal, the bank is expanding its team size and using artificial intelligence technology to improve operational efficiency to accelerate its layout in the Asian market. Xu Zhikun, head of DBS Retail Banking and Wealth Management Group, revealed to the media that the bank plans to hire at least 600 additional employees and also plans to open 18 wealth management centers in Singapore and Hong Kong, China. He said that positions such as account manager and platform engineer will be added by the end of next year. In addition, existing wealth management centers in Singapore, Mainland China and Hong Kong will also be upgraded.

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