DBS wins big at SIAS Investors' Choice Awards

Picks up four awards including being named Big Cap winner for corporate governance

Singapore, 01 Nov 2014 -

DBS won big at the 15th SIAS Investors’ Choice Awards - Singapore Corporate Governance Award 2014, picking up four awards in all. The bank was the Big Cap winner for corporate governance as well as the winner of the diversity award. In addition, it was recognised as the most transparent company in the finance category as well as runner-up for Internal Audit Excellence.

The diversity award that DBS picked up considers the diversity of the company’s board members. This includes gender (percentage of female directors in the board), ethnicity/race (percentage of non-Asian directors in the board) and experience of the members.

DBS believes that having a strong and diverse board is a good thing.  Women make up over 20% of the bank’s nine-member board. The board has strong diversity in terms of nationality. It also has a good representation of board members from diverse backgrounds, including audit and accounting practices, public policy and trade issues, consumer business and risk management.  

[End] 

About DBS

DBS - Living, Breathing Asia

DBS is a leading financial services group in Asia, with over 250 branches across 17 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 capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014.

DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. 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 21,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com