News and Events

The Board of Directors of global asset manager and operator Keppel Ltd. (Keppel) announced today that Mr Danny Teoh will retire as Chairman of Keppel immediately after the Company’s upcoming Annual General Meeting (AGM) on 17 April 2026. Mr Piyush Gupta will be appointed non-executive Chairman and Independent Director of the Company on the same day. By the date of the AGM, Mr Teoh, 70, would have served as a Director of Keppel for more than 15 years, and as Chairman of the Board for five years, since April 2021.

Mr Gupta, 66, was appointed Deputy Chairman and a non-executive Independent Director of Keppel’s Board on 1 July 2025, as part of the Company’s Board renewal and succession planning. He is currently also a member of Keppel’s Nominating, Remuneration and Board Sustainability and Safety Committees, and will continue to serve in these committees.

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

Mr Gupta is currently also the Chairman of the Board of Trustees of Singapore Management University, Chairman of Mandai Park Holdings, an advisor and non-executive Chairman (India) to Temasek International Advisors and an alternate member on the Council of Presidential Advisers, among other appointments.