Mr. Danny Teoh was appointed to the Board of Directors of DBS Group Holdings Ltd and DBS Bank Ltd. on 1 October 2010. He is Chairman of the Audit Committee, as well as a member of the Board Risk Management Committee and Nominating Committee. He is a director of DBS Bank (China) Limited and also chairs its Audit Committee. In addition, he is a director of DBS Foundation Ltd, a not-for-profit company established to strengthen DBS’ corporate social responsibility efforts across Asia.
Danny spent 27 years in KPMG LLP, Singapore and over the years, held various senior positions including Member of Executive Committee, Head of Audit, Head of Financial Services, Head of Risk Advisory Services and Head of Marketing & Communications. He was the Managing Partner of KPMG LLP, Singapore since 2005 and he retired from KPMG in September 2010.
Danny is a qualified Chartered Accountant in England since 1981 and is an associate member of the Institute of Chartered Accountants in England and Wales. He has almost 30 years of auditing and advisory experience from working in England, Malaysia and Singapore.
Currently, Danny serves on the boards of Ascendas-Singbridge Pte Ltd, Changi Airport Group (Singapore) Pte Ltd, Keppel Corporation Limited and M1 Limited.
A critical element of Corporate Governance at DBS is an active board and management committee structure that undertakes a careful review of decision making within the Group at various levels.