they move to which tower?? isit 3?? if 3 muz go in frm marina
way ...............
Yes, MBFC Tower 3.
DBS TO SET UP HEADQUARTERS, WITH
STATE-OF-THE-ART FLAGSHIP
BRANCH, AT MARINA BAY FINANCIAL CENTRE IN 2012
***
As largest anchor tenant, DBS’ move will cement Marina Bay area as
Singapore’s new financial centre
SINGAPORE, 28 September 2011 – DBS Bank announced today
that it will move its new headquarters and flagship branch to
Marina Bay Financial Centre (MBFC) Tower 3 in the
second half of 2012. As Singapore’s biggest bank and a leading bank
in Asia, DBS will anchor the MBFC, cementing the Marina Bay area as
Singapore's new financial centre.
Said DBS Chairman Peter Seah on the topping out
ceremony of MBFC Tower 3: “With our Development Bank of Singapore
lineage, DBS has, over the years, played a key role in shaping and
financing the development of Singapore. In 1974, when DBS built our
present 50-storey headquarters at Shenton Way, it was Singapore’s
tallest and broke the glass ceiling for the construction of office
blocks. Today marks yet another historic moment for DBS. As the
largest bank in Singapore and a leading bank in Asia, DBS has been
synonymous with the region's growth. Our new headquarters and
flagship branch at MBFC Tower 3 will further cement the Marina Bay
area as Singapore's new financial centre.”
DBS will be the anchor tenant at MBFC Tower 3,
occupying over 600,000 square feet, or 18 floors, of the 46-storey
building. The new premises will also house DBS’ flagship branch,
which will not only offer regular transaction banking services, but
also cater to the needs of affluent and high net worth individuals
as well as small and medium-sized enterprises.
With the move, over 4,800 DBS employees, mainly from
the bank’s customer-facing units, including consumer banking,
institutional banking, treasury and markets and wealth management,
currently housed in four locations across Singapore, will be
integrated under one roof for greater productivity, efficiency and
customer effectiveness. The new premises, which will also provide
DBS staff with a more conducive and modern work environment, is
part of DBS’ multi-year, multi-market strategic occupancy
programme, which was first unveiled in 2007.
This follows a similar move last year to provide staff
from DBS’ key operations functions with a better working
environment, and to promote greater customer efficiencies. Over
3,000 staff from DBS’ technology and operations units moved to DBS
Asia Hub, a 340,000 square feet purpose-built facility, at the
Changi Business Park.
Said DBS CEO Piyush Gupta: “Notwithstanding the global
economic downturn, DBS remains committed to growing our franchise
in Asia, and in investing for the future. This includes nurturing
and developing talent, and giving our people a whole host of
opportunities to develop their careers with us in a modern and
comfortable work environment. DBS’ strategic occupancy programme
also consolidates relevant teams under one roof to facilitate
greater efficiency and productivity; this, in turn, enables the
bank to be even more responsive to customers’ needs.”
Said Wilson Kwong, CEO of Raffles Quay Asset
Management: "We are very pleased that DBS has chosen to make MBFC
Tower 3 its new headquarters. With Singapore's largest bank
anchoring the MBFC as our biggest tenant, this further underlines
the Marina Bay area as a world-class business location. As Asia’s
best business address, with our location in the heart of the New
Downtown of Marina Bay and the stellar lineup of tenants, MBFC
fortifies Singapore’s position as a global financial hub."
