DBS chief Tan Su Shan says she's 'too old' to enter politics, calls for diverse talent to boost policy debate
She added that private sector professionals may approach decisions on business and growth differently from those in the public sector, which she said is important to keeping Singapore relevant.
DBS chief executive Tan Su Shan, 57, has ruled out a political career, stating she is "too old" for the role in an interview. Speaking during a fireside chat organised by the Singapore Press Club on September 11, Tan, who was previously a member of the ruling People's Action Party (PAP) and served as a Nominated Member of Parliament (NMP) from 2012 to 2014, called for greater involvement from both the public and private sectors to elevate the quality of policy debate in the nation.
Tan emphasized that her experience as an NMP taught her the importance of parliamentary debate in driving policy change. She recounted that during her NMP term, there was no hesitation from fellow lawmakers when it came to raising controversial issues. Tan stressed that disagreements should be voiced, even if they turn out to be wrong, as being wrong is an opportunity to learn and move forward.
The DBS CEO also expressed concern over the need for more diverse talent, particularly from the private sector, to enrich Singapore's policy discourse. She highlighted the importance of incorporating industry experience from both sectors to ensure Singapore remains relevant in an ever-evolving global landscape. Tan emphasized that taking calculated risks and accepting failure are crucial aspects of driving progress, drawing from her own experience pushing for a policy allowing women to freeze their eggs, which was eventually approved in 2023.
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