Jack Tai was appointed to the Board on 12 September 2016. He has extensive experience in banking with a depth of expertise in operating in Asia, including China.
Mr Tai was formerly Vice Chairman and Chief Executive of DBS Group and DBS Bank Ltd. between 2002 and 2007, having served the Group as Chief Financial Officer in 1999 and then as President and Chief Operating Officer in 2001. He previously worked at JP Morgan & Co. Incorporated, between 1974 and 1999, as an investment banker in New York, Tokyo, and San Francisco.
Mr Tai currently serves as a non-executive director of Eli Lilly and Company, Koninklijke Philips Electronics N.V., MasterCard Incorporated and the Canada Pension Plan Investment Board.
Previously, Mr Tai was non-executive director of Bank of China, Singapore Airlines, NYSE Euronext, ING Groep N.V., CapitaLand Ltd, SingTel Ltd. and Jones Lang LaSalle Inc. Mr Tai also served as Vice-Chairman of Islamic Bank of Asia.
Mr Tai holds an MBA from Harvard University and a BS from Rensselaer Polytechnic Institute.
Independent non-executive Director, member of the Group Risk Committee
Independent non-executive Director, Chairman of the Financial System Vulnerabilities Committee, member of the Conduct & Values Committee and Philanthropic & Community Investment Oversight Committee