‘I’m too old’: DBS chief Tan Su Shan rules out entering politics, calls for diverse talent to boost policy debate
She was previously part of PAP before resigning to serve as an NMP from 2012 to 2014
DBS Group Chief Executive Tan Su Shan has stated that she is not interested in entering politics, citing her age as a reason for her decision. However, she emphasized the importance of bringing diverse talent from both the public and private sectors to enhance policy debates in Singapore. Tan previously served as a Nominated Member of Parliament from 2012 to 2014 after leaving the ruling People’s Action Party.
She received a substantial compensation package of S$9.64 million for her role as CEO, which includes her first nine months at DBS and her previous role as deputy CEO. The government is attempting to attract private sector professionals, such as leaders from major Singapore-listed companies, to join its ranks, as their salaries are significantly higher than those of starting-grade ministers.
Tan believes that attracting the best talent, regardless of their background, is crucial for maintaining Singapore's relevance and competitiveness in the global economy. She encourages a healthy and non-personal debate that focuses on policy, judgment, and lending, acknowledging that some may fail but that failure is essential for learning and growth.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
