Linking innovation with rapid change by Sim Lim, Managing Director & Country Manager, DBS Singapore

In a competitive industry like ours, where many products are commoditised, banks must continually innovate to stay ahead of the pack. Jack Welch, former Chief Executive Officer of General Electric, put it best when he said: “When the rate of change inside an institution becomes slower than the rate of change outside, the end is near.” As a leading Asian bank, an innovative spirit is part of DBS’ entrepreneurial roots.