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DBS appoints chief economist

DBS appoints chief economist

DBS Bank said it has appointed veteran economist Taimur Baig as its chief economist and managing director for group research.

Bringing close to 20 years of experience covering Asia Pacific, Baig’s work experience in Singapore and Washington, spans central and commercial banks, as well as the International Monetary Fund.

His areas of specialty include international finance, macro risk spill over, exchange rate and fixed income analytics and forecasting, the economics of financial crisis, and demographics.

Baig comes from the Monetary Authority of Singapore (MAS), where he was the principal economist for the Economic Policy Group unit.

He Baig had also spent nearly a decade at Deutsche Bank AG’s Singapore office, where his last position was managing director and chief economist for Asia.

There he managed a team of economists based in Singapore, Hong Kong, Mumbai, and Bangalore to analyse and forecast Asia’s 10 largest economies. He also advised the bank’s management and top clients on regional risks and opportunities.

Before Deutsche, Taimur was at the IMF for eight years, where his last position was senior economist. Rotating across the Asia and pacific, fiscal affairs, and European departments, his coverage included macro forecasting, monetary policy and exchange rate in Argentina, India, Japan, Saudi Arabia, the Philippines and Ukraine.

Taimur will report to Timothy Wong, managing director and head of DBS group research. He takes over from David Carbon, who is retiring.

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