Piyush Gupta, former CEO of DBS Group Holdings, has been appointed chairman of India of Temasek. The appointment will take place from Dec 1.
In this non-executive role, Gupta will work with Ravi Lambah, Temasek's head, India and head, strategic initiatives, to support Temasek portfolio companies as they identify opportunities in India.
He will also take on an institutional focus for Temasek by engaging with the Indian government and business communities.
According to Temasek, as CEO of DBS from 2009 to 2025, Gupta led its widely recognised digital transformation and regional expansion.
Since he stepped down from DBS, Gupta has taken on new roles such as deputy chairman of Keppel.
He is also chairman of the board of trustees of Singapore Management University and chairman of Mandai Park Holdings.
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“Piyush brings extensive business insights and strong connections developed over decades in financial services," says Dilhan Pillay, executive director and CEO, Temasek Holdings.
"Complementing Ravi’s leadership of our India market, he will provide strategic counsel and help strengthen our institutional networks in India and beyond, enhance our franchise value, and expand our portfolio access," he adds.
Gupta says he is honoured with this opportunity to work with the Temasek India team.
"Having been engaged with the Temasek ecosystem for many years, I look forward to collaborating with the team to deepen partnerships, pursue new opportunities, and contribute to Temasek’s continued growth in India,” he adds.
