DBS Group Holdings (DBSH) said today it has appointed David Ho, 63, to the Boards of DBS Group Holdings and DBS Bank, with effect from tomorrow, 26 April 2023. With his extensive technology and China experience, Ho will complement and strengthen the overall composition of the DBS Boards.

Concurrent with this appointment, Ho will step down from the Board of DBS Bank (Hong Kong), which he has served on since March 2019.

Ho is Chairman and founder of Kiina Investment, a venture capital company that invests in startups in the technology, media and telecommunications industries. He also serves as a member of the board of Air Products and Chemical, Qorvo of the United States, as well as Sun Life Financial and Sun Life Assurance Company of Canada.

Prior to that, Ho had served as the Chairman of Greater China for Nokia Siemens Networks, President of Greater China for Nokia Corporation, and Senior Vice President of the Nokia Networks Business Group. He also held senior leadership roles with Nortel Networks and Motorola in China and Canada. In addition, he was a director of Pentair prior to the spinoff of nVent Electric; Triquent Semiconductor prior to its merger with R. F. Micro Devices to form Qorvo; China Ocean Shipping Company prior to its merger with China Shipping Group; as well as two Chinese state-owned enterprises China COSCO Shipping Corporation and China Mobile Communications Corporation.

He holds a Bachelor’s degree in Engineering and a Master’s degree in Management Sciences from the University of Waterloo in Canada.

Peter Seah, Chairman of DBSH and DBS Bank, said, "I join my fellow directors in welcoming David to the DBS Group and DBS Bank Boards. I’ve had the privilege of working closely with David in his capacity as a board member of DBS Bank Hong Kong, and his deep knowledge of technology and insights on doing business in China have been invaluable. David’s expertise and experience will complement that of the main boards as DBS continues to reimagine banking and set itself apart as an Asia-centric banking leader.”

DBS has been recognised as World’s Best Bank by publications such as Euromoney, The Banker and Global Finance for the past five consecutive years.

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About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

DBS names David Ho to Board of Directors