Anthony Lim to succeed Peter Seah as DBS chairman from Jan 2027
Singapore's largest bank and Southeast Asia's biggest lender by assets, DBS, on Thursday (Nov 5) announced that current board member Anthony Lim will succeed Peter Seah as chairman on Jan 1, 2027.The 79-year-old outgoing chairman will retire on Dec 31, 2026, and will serve as senior adviser for one year.Lim, 67, was appointed to the Singapore lender's board in April 2020 and currently chairs the compensation and management development committee. He is also a member of the board's risk management and board executive committees.The global institutional investment and financial markets veteran spent 19 years with GIC before retiring in 2017. Prior, he was a senior managing director at Bankers Trust Company, where he held various management and trading positions in the global markets’ division in Singapore and London from 1987 to 1998.The incoming DBS chairman was with the Monetary Authority of Singapore before joining Bankers Trust Company, rising to become head of the central bank's foreign exchange, gold, and liquidity division.DBS said the Singaporean has a deep appreciation of DBS' unique role in the country's financial system.