Ex-DBS CEO Piyush Gupta has been appointed as Deputy Chairman and a non-executive independent director of the board of Keppel with effect from July 1.
Gupta will also be appointed as a member of the Nominating Committee, Remuneration Committee and the Board Sustainability & Safety Committee on the same date.
Gupta was previously the CEO of DBS Group Holdings until his retirement in March 2025 where he handed the reins over to current CEO Tan Su Shan, the first woman to lead DBS in its history.
Gupta was the CEO of DBS from November 2009. He is currently the chairman of the board of trustees of Singapore Management University, chairman of Mandai Park Holdings, a board member of the Singapore National Research Foundation, a board member of the Ministry of Trade and Industry’s The Future Economy advisory panel, a board member of the Lee Kuan Yew Exchange fellowship, among other appointments.
Keppel’s board will now comprise a total of nine directors following Gupta’s appointment on July 1. Of which, seven are independent directors.
“Keppel is an iconic Singapore institution, with a great history and track record. It is currently at an important threshold, as it reinvents itself as a global asset manager with strong operating capabilities. I am excited about the possibilities, and look forward to contributing to this journey in the coming future,” says Gupta.
See also: Jardine Matheson appoints Lincoln Pan as new CEO; group MD John Witt retires in November
Shares in Keppel closed 6 cents higher or 0.884% up at $6.85 on May 29.
