DBS picks veteran banker to head Islamic unit

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SINGAPORE - Southeast Asia's largest bank, DBS Group , said on Tuesday it had appointed JPMorgan Chase & Co banker Toby O'Connor as the head of its sharia unit, The Islamic Bank of Asia (IBA).

DBS said in a statement that O'Connor was previously the head of the Middle East and North Africa Sovereign Wealth Funds and Financial Sponsor group for investment banking at JP Morgan.

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