DBS Foundation

DBS Foundation

DBS Foundation was created in 2014 by DBS Bank. Ho Tian Yee serves as chairperson while also chairing Fullerton Fund Management. Euleen Goh held the chair role from founding until 2024. The foundation deploys philanthropic funding and operational support into social enterprises. It works in grant and capacity-building formats rather than fund commitments or direct equity. Activity centers on Asia with emphasis on vulnerable communities in Singapore and neighboring markets. Confirmed partners include the National Trades Union Congress through the DBS Staff Union. Karen Ngui leads day-to-day operations as Head of DBS Foundation while holding the Group Head of Strategic Marketing and Communications title at DBS Bank. The team maintains membership in the Singapore Sustainable Finance Association where DBS co-leads transition finance work. June 2024: Featured President Tharman Shanmugaratnam as keynote speaker at the Impact Beyond Summit. DBS Foundation sits inside the parent bank rather than as a standalone family office or endowment. Governance flows through DBS Bank leadership with no separate board disclosed beyond the named chairs.