Particle.news
Download on the App Store

Temasek Appoints Former DBS CEO Piyush Gupta Chairman for India

The advisory post leverages his financial-sector network to advance Temasek’s planned US$10 billion expansion in India.

Overview

  • Temasek announced the appointment in a Nov 28 statement, with Gupta to start as chairman of Temasek India on Dec 1.
  • Gupta will work closely with Ravi Lambah, who leads the India team and strategic initiatives, on investment strategy.
  • His remit includes advising portfolio companies on opportunities in India and engaging government and business communities.
  • The move supports Temasek’s goal to deploy US$10 billion in India over three years and build on a US$40 billion portfolio.
  • Gupta retired as DBS CEO in March after steering its digital transformation and regional growth, and he holds roles at Keppel, Singapore Management University and Mandai Park Holdings.