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

- URL: https://talkfuse.com/story/dbs-names-board-director-anthony-lim-as-new-chairman-peter-seah-retires-after-16-years/
- Published: 2026-11-05T01:23:00+00:00
- Updated: 2026-11-05T02:25:21+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/singapore/dbs-chairman-peter-seah-anthony-lim-6525876
- Topics: World

## Key points

- Anthony Lim takes over as DBS chairman on 1 January 2027.
- Peter Seah retires after 16 years leading the board.
- DBS reported more than fourfold net profit growth under Seah.

## Summary

DBS director Anthony Lim will become chairman of Singapore’s largest bank on 1 January 2027, succeeding Peter Seah, who is retiring after 16 years in the role. The change is part of the bank’s board renewal and comes after a period in which DBS expanded and transformed its digital services.

Lim, 68, has served on DBS’s boards since 2020 and chairs its compensation and management development committee; he previously held senior roles at GIC and Bankers Trust. Seah, 80, will leave the boards on 31 December and serve as a senior adviser for a year. During his chairmanship, DBS said its income more than tripled, net profit grew more than fourfold, and its market capitalisation passed S$200 billion in July 2026.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.