DBS names Tham Sai Choy to Board of Directors
Tham’s solid credentials in audit, advisory and corporate governance make him a strong addition to the DBS Boards
SINGAPORE,31 August 2018 -
DBS Group Holdings (DBSH) said today it has appointed veteran chartered accountant Tham Sai Choy, 59, to the Boards of DBS Group Holdings and DBS Bank. The appointment takes effect on 3 September 2018.
Until his retirement in 2017 as the chairman of KPMG in Asia Pacific, Tham was a member of KPMG’s global board. At various times, he was leading or participating in its committees charged with board nominations, executive compensation and risk management.
As a member of the executive committee responsible for KPMG’s global strategies and planning, he played a key role in the firm’s investment in and development of its capabilities in cybersecurity, data analytics and digital transformation.
In his 36 years of practice, he worked with many of Singapore’s listed companies in their audits and on a wide range of their other needs. This included assisting them with the raising of capital in Singapore and the US, acquisitions of a variety of businesses, investigations into major corporate failures and restructuring of complex business operations.
Tham was also an active participant in the Audit Committee Guidance Committee that published the Guidebook for Audit Committees in Singapore in 2008, and the Corporate Governance Council that drafted the revised Code of Corporate Governance and recommended changes to the SGX Listing Rules in 2018. He led the group that developed the Board Risk Committee Guide published by the Singapore Institute of Directors in 2017.
Tham holds a Bachelor of Arts (Honours) Degree in Economics, University of Leeds, UK. He is a Fellow of the Institute of Singapore Chartered Accountants, the Institute of Chartered Accountants in England and Wales, and the Singapore Institute of Directors.
Peter Seah, Chairman of DBSH and DBS Bank, said, "I join my fellow directors in welcoming Sai Choy to the boards. Sai Choy has a solid track record and wealth of experience in audit, advisory and corporate governance. This will be invaluable as the bank continues to build on our credentials as a global leader in banking and digital transformation.”
DBS is focused on innovating banking so that it is simpler, faster and more effortless for all. The bank was recently named Best Bank in the World 2018 by Global Finance.
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “Best Bank in the World
” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank
” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia
” award by Global Finance for nine consecutive years from 2009 to 2017.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 26,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com
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