People Moves

Global Reporting Body Names DBS Executive As Its First South East Asia Council Member

Vanessa Doctor Asia Correspondent 22 May 2014

Global Reporting Body Names DBS Executive As Its First South East Asia Council Member

The International Integrated Reporting Council has named its first South East Asian council member.

The International Integrated Reporting Council, the global collaborative body built by various leaders in the financial services industry, has appointed its first South East Asia council member.

Joining the council is Chng Sok Hui, the chief financial officer of DBS. Hui's appointment is significant because she is the first member from a South East Asia corporate and one of the first from a listed company to get in. It is also noteworthy that a woman has joined such a body in what remains, still, a relatively male-dominated business.

DBS began enhancing its integrated reporting strategies in 2012 and is noted as being the first listed company in the region to become a member of the IIRC Pilot Programme.

The group, previously called the International Integrated Reporting Committee, was formed in August 2010 to "enable Integrated Reporting to be embedded into mainstream business practice in public and private sectors," according to its website. 

It is chaired by Professor Mervyn King, a former judge of the Supreme Court of South Africa, while Paul Druckman, former director of the UK Financial Reporting Council, serves as chief executive. 

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes