DBS names board director Anthony Lim as new chairman; Peter Seah retires after 16 years

DBS Bank has announced that board member Anthony Lim will succeed Peter Seah as chairman on January 1, 2027. Seah is retiring after 16 years of leadership, during which he oversaw significant digital transformation and growth for Singapore's largest bank.
Why it matters
This leadership transition marks a major shift for Singapore's banking sector, signaling continuity in the bank's strategic direction and digital-first approach.
Mr Lim, a DBS board member since 2020, will take over on Jan 1, 2027, as Mr Seah steps down after overseeing a period of significant growth and digital transformation at Singapore's largest bank.
DBS incoming chairman Anthony Lim (left) and current chairman Peter Seah. (Photos: DBS)
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