Singapore – DCS recently announced the appointment of Jia Hang as executive chairman, positioning him to direct the organisation’s overall strategy across its global operations and its primary Singapore entity.
His role covers corporate oversight, business expansion, and governance, with a particular focus on strengthening the company’s position in Singapore’s payments sector. His appointment represents the most senior leadership change since the Group was established.
Jia will be responsible for advancing DCS’ plan to connect conventional financial services with emerging blockchain-based systems. This includes supporting wider access to digital payments, streamlining the movement of funds across different platforms, and improving customer experiences for both consumers and businesses.
“At every stage of my career, I’ve been guided by one enduring question – how can payments connect the world more inclusively, seamlessly, and securely?” Jia shared.
He added, “My vision is to build a new kind of payments network; one that combines the reliability of traditional finance with the agility of next-generation technology.”
Alongside leading the DCS’s growth, Jia will also work closely with industry partners and regulatory bodies to ensure the Group’s services remain secure and reliable as its dual-rail infrastructure evolves.
Before joining DCS, he held senior roles within several major payments and digital commerce organisations. Most recently, Jia managed global payment and financial services activities for Alibaba International Digital Commerce Group.
His earlier positions included leadership roles at Ant Group, where he played a central part in expanding Alipay+ across multiple regions, and nearly a decade at China UnionPay and UnionPay International, where he guided the network’s development in the Americas and contributed to the establishment of UnionPay USA.
Jia’s move to DCS underscores confidence in the institution’s ability to deliver regulated, technology-driven payment capabilities from Singapore to international users, including those operating in both traditional and emerging digital ecosystems.
