SINGAPORE: Former DBS CEO Piyush Gupta has been appointed chairman of Temasek India.
Mr Gupta, who retired from his post at the bank in March, will take on the new role from Dec 1, said Temasek in a press release on Friday (Nov 28).
As chairman, Mr Gupta will work closely with Mr Ravi Lambah, head of the Temasek India team and head of strategic initiatives, on investment strategies.
He will support Temasek’s portfolio companies as they identify opportunities in India, and also “take on an institutional focus for Temasek by engaging with the Indian government and business communities”.
In January, Temasek said it was stepping up the pace to grow its US$40 billion India portfolio and would invest US$10 billion in the country over the next three years.
