koh-boon-hwee-resigns-as-chairman-of-dbs

Koh Boon Hwee resigns as chairman of DBS

DBS chairman Koh Boon Hwee will step down in April after more than four years in the job. He will be replaced by Peter Seah Lim Huat.
Koh Boon Hwee
Koh Boon Hwee
Koh Boon Hwee will step down as chairman of DBS after more than four years in the job, the leading Singapore bank said on Friday. He will be replaced by DBS board member and veteran commercial banker Peter Seah Lim Huat.

The changeover will follow the annual general meeting and extraordinary general meeting of the DBS Group Holdings DBSH and the DBS Bank board meeting on April 30, 2010. Seah will assume the chairmanship of both boards on May 1.

Koh has steered DBS during a difficult time not just for the global financial industry, but for DBS itself. After Jackson Tai's resignation from the...
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