Singapore $9.6 Billion Keppel Ltd Appoints ex-DBS CEO Piyush Gupta (Age 65) as Deputy Chairman & Non-Executive Independent Director (1/7/25), Piyush Gupta was Singapore Largest Bank DBS Group CEO for 15 Years (2009 to 2025) & was Citi CEO South East Asia, Australia & New Zealand, Keppel is Global Asset Manager with Operating Capabilities in Infrastructure, Real Estate & Connectivity, Keppel Founded in 1968 as Keppel Shipyard by Singapore Temasek
30th May 2025 | Hong Kong
Singapore Keppel Ltd ($9.6 billion market value) has announced the appointment of ex-DBS CEO Piyush Gupta (Age 65) as Keppel Deputy Chairman & Non-Executive Independent Director (1/7/25). Piyush Gupta was Singapore largest bank DBS Group CEO for 15 years (2009 to 2025), and was Citi CEO South East Asia, Australia & New Zealand. Keppel is a global asset manager with operating capabilities in infrastructure, real estate & connectivity. Keppel was founded in 1968 as Keppel Shipyard by Singapore Temasek. In 2024 August, DBS appointed Tan Su Shan as the next DBS CEO, succeeding Piyush Gupta who will be retiring on 28th March 2025 after 43 years including 15 years as DBS CEO & 27 years at Citigroup (last role was Citi CEO South East Asia, Australia & New Zealand). Announcement (29/5/25): “ Keppel Ltd. (Keppel) is pleased to announce the appointment of Mr Piyush Gupta as Deputy Chairman and a Non-Executive Independent Director of the Board with effect from 1 July 2025. Mr Gupta will also be appointed a member of the Nominating Committee, Remuneration Committee and the Board Sustainability & Safety Committee on the same date. Mr Gupta, 65, was previously CEO of DBS Group Holdings from November 2009 until his retirement in March 2025, during which he drove DBS’s transformation into a global financial powerhouse. Before joining DBS, Mr Gupta had 27 years of international banking experience and was Citi’s CEO for South East Asia-Pacific. Mr Gupta is currently Chairman of the Board of Trustees of Singapore Management University, Chairman of Mandai Park Holdings Pte. Ltd., a Board Member of the Singapore National Research Foundation, a Board Member of the Ministry of Trade and Industry’s The Future Economy Advisory Panel, a Board Member of the Lee Kuan Yew Exchange Fellowship, among other appointments. Mr Gupta holds a Bachelor of Arts (Honours) Degree in Economics from St. Stephen’s College, Delhi University, India and a Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad, India. Following Mr Gupta’s appointment on 1 July 2025, Keppel’s Board will comprise a total of nine directors, of whom seven are independent directors.”
“ Singapore $9.6 Billion Keppel Ltd Appoints ex-DBS CEO Piyush Gupta (Age 65) as Deputy Chairman & Non-Executive Independent Director (1/7/25), Piyush Gupta was Singapore Largest Bank DBS Group CEO for 15 Years (2009 to 2025) & was Citi CEO South East Asia, Australia & New Zealand, Keppel is Global Asset Manager with Operating Capabilities in Infrastructure, Real Estate & Connectivity, Keppel Founded in 1968 as Keppel Shipyard by Singapore Temasek “
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Keppel – Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.
Singapore $9.6 Billion Keppel Ltd Appoints ex-DBS CEO Piyush Gupta (Age 65) as Deputy Chairman & Non-Executive Independent Director (1/7/25), Piyush Gupta was Singapore Largest Bank DBS Group CEO for 15 Years (2009 to 2025) & was Citi CEO South East Asia, Australia & New Zealand, Keppel is Global Asset Manager with Operating Capabilities in Infrastructure, Real Estate & Connectivity, Keppel Founded in 1968 as Keppel Shipyard by Singapore Temasek
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