Jackson Tai, Vice-Chairman and Chief Executive Officer since June 2002; joined DBS in 1999 as Chief Financial Officer. He was appointed President and Chief Operating Officer in January 2001 and a director to the DBS Group Holdings Board in May 2001. Before joining DBS, Tai spent 25 years with J.P. Morgan and was senior officer and head of investment banking for the Asia-Pacific region and later, the Western United States. Tai is also a director of Singapore Telecommunications Ltd, CapitaLand Ltd and Jones Lang LaSalle Incorporated. A US citizen, he holds a Bachelor of Science degree from Rensselaer Polytechnic Institute and a Master of Business Administration from Harvard University.

Frank Wong, Vice-Chairman of DBS Bank and Chairman of DBS Bank (Hong Kong), brings to the bank over 30 years of experience in financial markets, having worked in Hong Kong, Frankfurt, London and Singapore. A British, Wong worked for Citibank, J.P. Morgan and NatWest Markets before joining DBS. Wong is also a director of China Mobile (HK) Ltd. He was appointed Justice of Peace from June 1997 to February 1999 and was honoured with an OBE on the Queen’s birthday list in 1997.

Jeanette Wong, Chief Financial Officer, joined DBS in February 2003 as Chief Administrative Officer. Prior to that, she was the Senior Country Officer for J.P. Morgan’s Singapore operations. In her 16-year career at J.P. Morgan, she was a member of global, regional and local management committees for Global Markets and Emerging Asia, and held senior management positions with local and regional responsibilities in Foreign Exchange and Fixed Income. She also worked at Citibank and Banque Paribas in Private Banking and Corporate Banking respectively. Wong holds a Bachelor degree from National University of Singapore and an MBA from the University of Chicago.

Eric Ang, Joint Head of Investment Banking, has 25 years of experience in investment banking at DBS. He is responsible for capital markets, covering equity markets, debt markets, private equity, syndicated finance, merger and acquisition advisory. Ang serves on the boards of DBS Asia Capital Ltd, DBS Vickers Securities Holdings Pte Ltd, Hwang-DBS Securities Berhad and Investment & Capital Corporation of the Philippines. He holds a Bachelor degree in Business Administration from the University of Singapore.

Chan Tak Kin, Managing Director, joined DBS in September 2000 and was seconded to Dao Heng Bank, now DBS Bank (Hong Kong), in September 2001. Prior to joining DBS, Chan worked with Standard Chartered Bank for 11 years, where he had global responsibility for several key group consumer banking businesses and functions. He was a member of Stanchart’s Extended Management Team, a committee of the top 30 executives worldwide. He started his career with Chase Manhattan Bank, working there for 15 years as commercial/ institutional banking manager, Chief Financial Officer and in various senior country/regional Consumer Banking roles. Chan holds a Bachelor of Social Sciences (Honours) degree from the University of Hong Kong and is an Associate of the London Institute of Bankers.

Chng Sok Hui, Managing Director and Head of Group Risk Management, joined DBS in 1983. Currently, she oversees DBS' enterprise wide risk management covering credit, market and operational risk. Prior to this role, she had direct responsibility for spearheading DBS' credit risk management, market risk management and asset-liability management functions. Her banking experience also included Finance, Corporate Planning, Credit Administration and Treasury and Markets Operations. Chng is a CFA charterholder as well as a Certified Financial Risk Manager. She is a board member of the Bank of the Philippine Islands and the Vice-Chairman of the Risk Management Committee of the Association of Banks in Singapore. She holds a Bachelor of Accountancy (Honours) degree from the National University of Singapore, and was a recipient of several awards including the Harvard Club of Singapore Prize, the Tan Siak Kew Gold Medal Award, and the Singapore International Chamber of Commerce Prize. Chng received AsiaRisk's Risk Manager of the Year Award in 2002.

Elsie Foh, Managing Director and the Chief Operating Officer (COO) for DBS’ Singapore Consumer Banking Group, oversees the core operations of the Bank’s retail business which include processing and servicing, information technology, service quality, human resource and compensation, network design and management and electronic self-service banking facilities. She also has overall responsibility in Consumer Banking for compliance, legal, customer communications and liaison with relevant statutory/regulatory bodies. Foh has more than 20 years’ experience at DBS, with extensive focus in the consumer banking business. She is a director of Network for Electronic Transfers (S) Pte Ltd and an alternate Council member of the Association of Banks in Singapore. She holds a Bachelor of Science from the University of Singapore.

Hong Tuck Kun, Managing Director and Head of Enterprise Credit Group, joined DBS Bank in 1975. A career DBS Banker, he was appointed Senior Vice-President of Corporate Banking in 1990, its Executive Vice-President and Head in 1996 and subsequently the Managing Director & Head of Enterprise Banking. Hong sits on the boards of DBS Finance Ltd, DBS Factors Pte Ltd, Fujitec Singapore Corporation Ltd and PLE Investments Pte Ltd. He holds a Bachelor of Business Administration degree from the University of Singapore.

Steve Ingram, Head of Technology & Operations and Group Chief Information Officer (CIO), joined DBS in July 2000. Prior to that, he held CIO positions in both telecommunications and financial services companies. From 1991 to 1997, Ingram was a partner in Ernst & Young’s US consulting practice and also the Chief Technologist and Director of the Global Centre for Technology Enablement. Ingram is a Director of DBS TD Waterhouse Holdings, Network for Electronic Transfers (S) Pte Ltd, an Advisory Board Member of FT Ventures and a member of IBM’s Board of Advisors. He holds a Graduate Diploma in Information Technology from Monash University.

Edmund Koh, Managing Director and Head of Consumer Banking Group in Singapore, was the CEO of Alverdine Pte Ltd before joining DBS. He was also CEO of Prudential Assurance Company, Singapore and held several senior management positions in HSBC and Citibank. Koh is a director of Housing & Development Board and SNP Corporation Limited, DBS Vickers Securities Holdings, DBS TD Waterhouse Holdings, Capital OK Company Ltd, Hutchison Dao Heng Card (Hong Kong), a councillor of South West Community Development and a council member of the Singapore Sports Council and Council on Governance of Institution of Public Character. He holds a Bachelor of Science degree from the University of Toronto.

David Lau, Managing Director and Head of Global Treasury at DBS Bank, also serves on the DBS Group Holdings Management Committee. Lau was Managing Director and Regional Head of Global Financial Markets at NatWest Bank before joining DBS Bank in December 1999. Lau as worked in the treasury business for over 20 years. He was the Regional Treasury Manager for the Canadian Imperial Bank of Commerce (CIBC), Singapore, from 1989-95. Between 1987-89, Lau was Chief Dealer at Industrial Bank of Japan, and before that, a trader with Banker’s Trust Company from 1983-86. He holds a Masters of Business Administration from University of Pennsylvania, and graduated with a Merit Degree from University of Houston in Business Administration.

Alfred John Mitchell, Chief Credit Officer for the Group, joined DBS in August 2003 and is responsible for setting targets for the credit portfolio for DBS’ business worldwide. Mitchell brings to DBS over 30 years of credit experience, primarily in Corporate Credit and Regional Credit Audit. Prior to joining DBS, he had spent 10 years with UBS AG, as Senior Credit Officer, Japan. Previous experience also includes 20 years with Citibank N.A. in London, New York, Manila and Singapore and including Senior Credit Roles at different times. Mitchell holds an MBA from The Wharton Graduate School, University of Pennsylvania, USA, a BSc (Special Honours) in Physics from the University of London, UK.

Rajan Raju, Managing Director, oversees DBS’ strategic expansion in South and South-East Asia. He joined DBS as Managing Director & Chief Administration Officer in the Treasury & Markets Business in September 1999 from Citibank. He was appointed Head of Processing and Servicing in September 2000 and also led a Value Engineering team. He moved to his current position in August 2003. A member of DBS’ Management Committee, Raju also sits on the boards of CLS Group Holdings, Bank of the Philippine Islands, Bank of the Philippine Islands Capital Corporation, SP Services Ltd, DBS Thai Danu Bank Public Co Ltd, PT Bank DBS Indonesia, and Capital OK Company Ltd. Raju graduated with a Bachelors Degree in Economics from Bombay University and did his post graduate studies in Business Administration from The Indian Institute of Management, Ahmedabad.

Greg Seow, Executive Chairman of DBS Asset Management, joined DBS in March 1999 as Managing Director for Debt Capital Markets. Before joining DBS, Seow worked for Pacific Asset Management (Singapore) Pte Ltd, the Government of Singapore Investment Corporation and the Monetary Authority of Singapore. He sits on the board of several companies, and was a member of the Financial Services Working Group established in 2002 as part of Singapore’s Economic Review Committee. Seow graduated with a First Class Honours degree in Economics from the Australian National University, and holds a Masters degree in Economics from the same university.

Brent Nelson Smith, Managing Director and Co-head of Investment Banking, joined DBS in August 2003. Smith has close to 20 years of investment banking and finance experience. Before DBS, he was the Managing Director, Group Head – Communications & Core Technologies of Pacific Crest Securities and briefly, the Chief Financial Officer and Senior Vice-President in Strategic Development for MegaPath Networks. Prior to that, Smith had spent 14 years in advisory and investment banking in the US, Australia and Singapore at J.P. Morgan & Co. His last appointment in J. P. Morgan was as Managing Director, Co-Head of Communications Services, Investment Banking. Smith holds an MBA in Finance from UCLA Graduate School of Management, USA and a Bachelor’s Degree in Engineering and Economics from Brown University, USA.

Randolph Sullivan, Chief Executive Officer of DBS Bank (Hong Kong), has 32 years of banking experience which includes 16 years at Bank of America during which he served in various positions across the globe before joining Dao Heng Bank in 1987 as Chief Operating Officer & Director. Sullivan serves as a member of the Standing Committee on Company Law Reform of the Hong Kong Special Administrative Region. He holds a Bachelor of Science Foreign Service degree from Georgetown University. He also completed the Insead Executive Programme of the Institute Européene D’Administration in Fontainebleau in 1980.

Wong Ban Suan, Managing Director and Head of Group Central Treasury, was Managing Director and Head of Interest Rate Trading and Proprietary Trading at J.P. Morgan prior to his appointment in DBS Bank. In his 20 years of trading experience at J.P. Morgan, he was actively involved in foreign exchange, interest rates, equities and derivatives trading. He was also chairman of the Biennial Report Working Group for the Singapore Foreign Exchange Market Committee (SFEMC). Wong has a Bachelor of Business Administration from the National University of Singapore.

DBS Bank Bangkok
Representative Office
3rd Floor, Main Building
DBS Thai Danu Bank Public Co Ltd
393 Silom Road
Bangkok 10500
Thailand
Tel: (66 2) 636 6364; 636 6365
Fax: (66 2) 636 6366

DBS Bank Beijing Branch
Units 1009-1018
Level 10 China World Tower
No 1 Jianguomenwai Avenue
China World Trade Centre
Beijing 100004
The People's Republic of China
Tel: (86 10) 6505 1216
Fax: (86 10) 6505 4831

DBS Bank Hong Kong Branch
16th Floor, Man Yee Building
68 Des Voeux Road
Central, Hong Kong
Tel: (852) 2868 3386
Fax: (852) 2596 0577

DBS Bank Kuala Lumpur
Representative Office
#08-01, Menara Keck Seng,
203 Jalan Bukit Bintang,
55100 Kuala Lumpur, Malaysia
Tel: (603) 2148 8338
Fax: (603) 2148 7338

DBS Bank Labuan Branch
Level 12 (E) Main Office Tower
Financial Park Labuan
Jalan Merdeka, 87000 W.P.
Labuan
Malaysia
Tel: (087) 423 375
Fax: (087) 423 376

DBS Bank London Branch
7th Floor, Finsbury Circus House
12-15 Finsbury Circus
London EC2M 7BT
United Kingdom
Tel: (44 207) 628 3288
Fax: (44 207) 628 8288

DBS Bank Los Angeles Agency
445 South Figueroa Street
Suite 3550 Los Angeles
CA 90071
USA
Tel: (1 213) 627 0222
Fax: (1 213) 627 0228

DBS Bank Manila
Representative Office
18th Floor, BPI Building
Ayala Avenue corner Paseo de Roxas
Makati City
The Philippines
Tel: (632) 845 5112
Fax: (632) 750 2144

DBS Bank Mumbai Branch
14th Floor, Free Press House
Nariman Point
Mumbai 400021
India
Tel: (91 22) 238 8888
Fax: (91 22) 238 8899

DBS Bank Seoul Branch
CPO Box 9896, 20th Floor
Kwanghwamoon Building 64-8
1-ka Taepyungro Chung-ku
Seoul
Republic of Korea
Tel: (822) 399 2660
Fax: (822) 732 7953

DBS Bank Shanghai Branch
161 Lu Jia Zui East Road
28th Floor, China Merchants Tower
Pudong, Shanghai 200120
The People's Republic of China
Tel: (86 21) 5876 7698
Fax: (86 21) 5876 7839

DBS Bank Taipei Branch
117 Min Sheng East Road
Section 3, 5th Floor, Unit A
Walsin Financial Building
Taipei
Taiwan
Tel: (88 62) 2713 7711
Fax: (88 62) 2713 7774

DBS Bank Tokyo Branch
508 Yurakucho Denki Building
7-1 Yurakucho 1-chome
Chiyoda-ku
Tokyo 100-0006
Japan
Tel: (813) 3213 4411
Fax: (813) 3213 4415

DBS Bank Yangon
Representative Office
c/o #0502 Level 5 Sakura Tower
339 Bogyoke Aung San Street
Kyauktada Township
Yangon
Myanmar
Tel: (951) 255 407
Fax: (951) 255 406

DBS Bank (Hong Kong) Fuzhou
Representative Office
Block A, 23/F, World Trade Plaza
71 Wusi Road
Fuzhou
The People's Republic of China
Postal Code 350001
Tel: (86 591) 754 4080 / 754 4081
Fax: (86 591) 754 4079

DBS Bank (Hong Kong) Macau Branch
Nos 5 a 7E da Rua de Santa Clara
Edif. Ribeiro, Loja C e D.
Macau
Tel: (853) 329 338
Fax: (853) 323 711

DBS Bank (Hong Kong) Shenzhen Branch
2/F Shen Fang Plaza
3005 Renminnan Road
Shenzhen
The People's Republic of China
Postal Code 518001
Tel: (86 755) 2515 6178
Fax: (86 755) 8228 2022

DBS Bank (Hong Kong) Tianjin
Representative Office
Unit 1902, 19/F, The Exchange Tower
189 Nanjing Road, Tianjin
The People's Republic of China
Postal Code 300051
Tel: (86 22) 2339 3075 / 2339 3073
Fax: (86 22) 2339 3003

DBS Bank (Hong Kong) Limited
11th Floor, The Center
99 Queen's Road Central
Hong Kong
Tel: (852) 2218 8822
Fax: (852) 2167 8222
100% owned by DBS Diamond Holdings Ltd, a wholly owned subsidiary of DBS Bank

DBS Asia Capital Limited
16/F, Man Yee Building
68 Des Voeux Road Central
Hong Kong
Tel: (852) 2918 0399
Fax: (852) 2868 0250
100% owned by DBS Bank

DBS Asset Management Ltd
8 Cross Street
#27-01 & 06
PwC Building
Singapore 068809
Tel: (65) 6878 7801
Fax: (65) 6534 5183
100% owned by DBS Bank

DBS Capital Investments Ltd
6 Shenton Way
DBS Building Tower One
Singapore 068809
Tel: (65) 6878 8888
Fax: (65) 6227 6811
100% owned by DBS Bank

DBS Nominees Pte Ltd
6 Shenton Way
DBS Building Tower One
Singapore 068809
Tel: (65) 6878 8888
Fax: (65) 6338 8936
100% owned by DBS Bank

DBS Thai Danu Bank Public
Company Limited
393 Silom Road
Bangrak, Bangkok 10500
Thailand
Tel: (662) 230 5000
Fax: (662) 236 7939
51.72% owned by DBS Bank

DBS Trustee Ltd
180 Clemenceau Avenue
Haw Par Centre
#03-01/04
Singapore 239922
Tel: (65) 6878 8888
Fax: (65) 6338 0360
20% owned by DBS Bank
20% owned by DBS Vickers Securities Nominees (Singapore) Pte Ltd
20% owned by DBS Nominees Pte Ltd
20% owned by DBS Vickers Securities Holdings Pte Ltd
20% owned by DBS Group Holdings Ltd

DBS Vickers Securities (Singapore) Pte Ltd
Cross Street
PWC Building #02-01
Singapore 048424
Tel: (65) 6533 9688
100% owned by DBS Securities Holding Pte Ltd

DBS Vickers Securities (Singapore) Pte Ltd is the main operating entity in Singapore of the DBS Vickers Group, which has operations of varying scope and complexity in other jurisdictions including Hong Kong, Malaysia, Thailand and Indonesia.

PT Bank DBS Indonesia
Jl. M. H. Thamrin Kav.57
Jakarta 10350
Indonesia
Tel: (62 21) 390 3366; 390 3383
Fax: (62 21) 390 3383; 390 8222; 390 3488
99% owned by DBS Bank

Bank of the Philippine Islands
BPI Building
Ayala Avenue, corner Paseo de Roxas
Makati City
Metro Manila, The Philippines
Tel: (632) 845 5971/845 5977/845 5978
Fax: (632) 845 5980
20.8% owned by DBS Bank