Change - Announcement of Appointment::Appointment of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Aug-2021 08:01:46
Status
New
Announcement Sub Title
Appointment of Non-Executive and Independent Director
Announcement Reference
SG210804OTHR7EG1
Submitted By (Co./ Ind. Name)
Teoh Chia-Yin
Designation
Group Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive and Independent Director - Ms Judy LEE

Additional Details

Date Of Appointment
04/08/2021
Name Of Person
Judy LEE
Age
53
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has reviewed the Nominating Committee's recommendations and assessment of Ms Lee's skillsets, experience and independence, and is satisfied that she will be able to contribute to the Board. Accordingly, the Board approved the appointment of Ms Lee as a non-executive and independent Director, and also approved her appointment as a member of each of the Audit Committee, the Board Risk Management Committee and the Compensation and Management Development Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Professional qualifications
Master of Business Administration, The Wharton School of the University of Pennsylvania, USA

Bachelor of Science, Finance & International Business, Stern Business School, New York University, USA

Advanced Management Program, Harvard Business School, USA

Women on Boards - Corporate Director Program, Harvard Business School, USA
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
2000 to present
Managing Director & Co-Founder, Dragonfly LLC

2009 to present
Chief Executive Officer, Dragonfly Capital Ventures LLC

2014 to 2016
Executive Vice President & Board Director, Corporate Planning & Strategy Department, Solar Frontier K.K.

2013 to 2014
Senior Fellow, The Wharton School of The University of Pennsylvania

2010 to 2014
Senior Advisor to Chairman & CEO, Showa Shell Sekiyu K.K.

2004 to 2015
Adjunct Professor, Singapore Management University
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Solar Frontier K.K., Corporate Planning & Strategy Department, Executive Vice
President & Board Director
Present
Listed:
1. Commercial Bank of Ceylon PLC, Director

Other principal commitments:
2. Dragonfly LLC, Managing Director & Co-Founder
3. Dragonfly Advisors Pte. Ltd., Managing Director
4. Dragonfly Capital Ventures LLC, Chief Executive Officer
5. Stern School of Business, New York University, Member, Executive Board
6. Temasek Lifesciences Accelerator Pte. Ltd., Director
7. Break Some Glass Inc., WomenExecs on Boards, Vice President (volunteer, non-profit
Harvard Business School Alumni network)
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The director attended training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable