Keppel appoints Piyush Gupta as Deputy Board Chairman

Keppel’s board now has seven independent directors.

Keppel Ltd. (Keppel) has appointed former DBS CEO Piyush Gupta as Deputy Chairman and a Non-Executive Independent Director of the Board with effect from 1 July 2025.

Gupta will also be appointed a member of the Nominating Committee, Remuneration Committee and the Board Sustainability & Safety Committee on the same date.

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, Gupta had 27 years of international banking experience and was Citi’s CEO for South East Asia-Pacific.

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, amongst other appointments.

Following the appointment, Keppel’s Board will comprise a total of nine directors, of whom seven are independent directors.

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