SMU Board of Trustees member Mr Lim Tse Ghow Olivier has been appointed as DBS Group’s new independent director. Mr Lim's appointment will take effect from Tuesday. He will be a member of DBS's board risk management committee, and the compensation and management development committee. He was formerly Deputy Chief Executive Officer at CapitaLand Limited. Mr Lim is also a Director with Raffles Medical Group and Banyan Tree Holdings Limited. Among other unlisted entities, he also sits on the board of Frasers Property Australia, Jurong Town Corporation and NorthLight School.