SIA Engineering Company Limited announced Lim Sim Seng has been appointed as deputy chairman and non-executive independent director of the board of the Company, effective April 8. The 67-year-old is also appointed as a member of the nominating committee, the compensation and human resources committee and the executive committee. He has 42 years of banking experience in Asia, North America and the Middle East, and was previously the group executive responsible for leading DBS Group?s consumer banking and private banking business. Prior to his time at DBS, Lim was the president and CEO of Nikko Citigroup and a board member of Nikko Citi Holdings in Japan.
He also held senior leadership positions in Citigroup. Currently, he is also the non-executive and independent director of Raffles Medical Group in Singapore, IOI Properties Group in Malaysia and Trust Capital Group in Japan. Lim is also a senior adviser on the advisory board to Amundi Asset Management Asia, and also serves as Singapore?s high commissioner (non-resident) to Nigeria.
Working Experience: DBS Group Holdings Ltd. - Senior Advisor (April 2023 to March 2025) - Group Executive, Consumer Banking Group & Wealth Management (2019 to March 2023) - Group Executive, Singapore Country Head (2010 to 2018). Other DirectorShips Past: Chairman, Building and Construction Authority; Director, DBS Securities (Japan) Co. Ltd. 3. Director, Singapore Technologies Engineering Ltd; Chairman, DBS Vickers Securities Holdings Pte Ltd. Other DirectorShips Present: Non-Executive and Independent Director, Raffles Medical Group Ltd; Non-Executive and Independent Director, IOI Properties Group Berhad; Non-Executive and Independent Director, Trust Capital Group; Senior Advisor of Advisory Board, Amundi Asset Management Asia; Singapore High Commissioner (Non-Resident) to the Federal Republic of Nigeria.
Director Experience Details: Non-executive and Independent Director of Raffles Medial Group Ltd. (current); Non-executive and Independent Director of Singapore Technologies Engin;eering Ltd. (from 2015 to 2024); Professional Qualifications: Bachelor of Business Administration, Yokohama National University, Japan; Japanese Government Monbusho Scholar. With the above appointments, the composition of the Board and Board Committees of the Company with effect from 8 April 2026 are as follows: Board Composition: Tang Kin Fei Chairman, Non-Executive and Independent; Lim Sim Seng Deputy Chairman, Non-Executive and Independent; Goh Choon Phong Non-Executive and Non-Independent Director; Wee Siew Kim Non-Executive and Independent Director; Chua Bin Hwee Non-Executive and Independent Director; Lim Kong Puay Non-Executive and Independent Director; Chong Chuan Neo Non-Executive and Independent Director; Tan Tze Gay Non-Executive and Independent Director; Tan Kai Ping Non-Executive and Non-Independent Director; Ng Chee Khern Non-Executive and Independent Director; Lim Serh Ghee Non-Executive and Independent Director; Chin Yau Seng Chief Executive Officer and Non-Independent Director. Audit Committee: Chua Bin Hwee (Chairman); Lim Kong Puay; Chong Chuan Neo; Tan Tze Gay; Ng Chee Khern.
Board Safety & Risk Committee: Lim Kong Puay (Chairman); Wee Siew Kim; Tan Kai Ping; Ng Chee Khern; Lim Serh Ghee. Nominating Committee: Tang Kin Fei (Chairman); Lim Sim Seng; Chong Chuan Neo; Tan Kai Ping. Compensation & HR Committee: Tang Kin Fei (Chairman); Lim Sim Seng; Goh Choon Phong; Wee Siew Kim; Ng Chee Khern.
Executive Committee: Tang Kin Fei (Chairman); Lim Sim Seng; Goh Choon Phong; Chua Bin Hwee; Chin Yau Seng. Board Sustainability Committee: Chong Chuan Neo (Chairman); Chua Bin Hwee; Tan Tze Gay; Chin Yau Seng. Innovation & Technology Committee: Tan Kai Ping (Chairman); Lim Kong Puay; Chong Chuan Neo; Lim Serh Ghee; Chin Yau Seng.
