DBS names Olivier Lim to Board of Directors


Lim’s extensive experience in finance and real estate will complement composition of DBS Boards

SINGAPORE,07 November 2017 -

DBS Group Holdings (DBSH) said today it has appointed banking and property stalwart Olivier Lim, 53, to the Boards of DBS Group Holdings and DBS Bank. His extensive experience in corporate and investment banking, risk management and real estate will complement and strengthen the overall composition of the DBS Boards.

Between 2003 and 2014, Lim served in CapitaLand Limited’s senior management team in various capacities, including as Group Deputy Chief Executive Officer, Group Chief Investment Officer and Group Chief Financial Officer. He was named CFO of the Year in the Business Times Singapore Corporate Awards 2007.

Prior to CapitaLand, he spent 13 years at Citibank Singapore with its corporate and investment bank, including as Head of the Real Estate unit.

Lim has extensive board experience over the years, and is currently non-executive Chairman of Certis CISCO Security Pte. Ltd., Frasers Property Australia Pty Ltd and globalORE Pte Ltd. He also sits on the boards of Raffles Medical Group and Banyan Tree Holdings Limited. He is a member of the Board of JTC Corporation, the Board of Governors of Northlight School, and the Advisory Board of the Institute for Societal Leadership at the Singapore Management University.

A civil engineer by training, Lim holds a First Class Honours degree in Civil Engineering from Imperial College, London. He attended Harvard Business School’s Advanced Management Programme in 2007.

Peter Seah, Chairman of DBSH and DBS Bank, said, "I join my fellow directors in welcoming Olivier to the boards. Olivier’s solid credentials as a banker, hands-on experience in the property sector, and board-level exposure to diverse industries make him a strong addition to the DBS Board. His strong financial and risk management background is invaluable as DBS continues to transform ourselves digitally and expand our franchise regionally in a fast-changing world.”

With Lim’s appointment, DBSH Board of Directors now comprises 10 members. They are:

• Peter Seah Lim Huat - Chairman
• Piyush Gupta - Chief Executive Officer
• Bart Broadman
• Euleen Goh
• Ho Tian Yee
• Nihal Kaviratne
• Olivier Lim
• Ow Foong Pheng
• Andre Sekulic
• Danny Teoh


About DBS
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, is among the highest in the world.

DBS is at the forefront of leveraging digital technology to shape the future of banking, and has been named “World’s Best Digital Bank” by Euromoney. The bank has also been recognised for its leadership in the region, having been named “Asia’s Best Bank” by several publications including The Banker, Global Finance, IFR Asia and Euromoney since 2012. In addition, the bank has been named “Safest Bank in Asia” 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 its 23,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.