Mr. Peter Seah joined the Board of Directors of DBS Group Holdings Ltd and DBS Bank Ltd on 16 November 2009 and assumed the role of Chairman on 1 May 2010. He is Chairman of the Compensation and Management Development Committee, Executive Committee and Nominating Committee, as well as a member of the Audit Committee and Board Risk Management Committee. In addition, he is Chairman of DBS Bank (Hong Kong) Limited and also chairs its Board Risk Management Committee.
Peter is the present Chairman of Singapore Airlines Limited, Singapore Health Services Pte Ltd and LaSalle College of the Arts Limited. Peter was a banker for 33 years before retiring as Vice Chairman and CEO of the former Overseas Union Bank in 2001.
Peter serves on the boards of GIC Private Limited, Level 3 Communications Inc, Asia Mobile Holdings Pte Ltd, Fullerton Financial Holdings Pte Ltd and STT Communications Ltd.
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.