DBS names board director Anthony Lim as new chairman; Peter Seah retires after 16 years
Mr Lim, a DBS board member since 2020, will take over on Jan 1, 2027, as Mr Seah steps down after overseeing a period of significant growth and digital transformation at Singapore's largest bank.
DBS Bank announced on November 5 that Anthony Lim will take over as chairman from Peter Seah, who will retire after 16 years at the helm. Lim, an independent director since 2020, will assume the position on January 1, 2027. Seah, 80, will retire from his roles at DBS Group Holdings and DBS Bank on December 31 and then serve as a senior advisor for a year.
Lim, 68, will chair both organizations, bringing his expertise in compensation, management development, risk management, and executive committees. DBS highlighted Lim's valuable insights on geopolitics, risk management, organizational leadership, and talent development, positioning him to guide the bank as it strengthens its position as a trusted, pan-Asian AI-enabled financial institution.
Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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