New Sustainability Leadership at DBS to Focus on Asia’s Shift to a Low-Carbon Economy

DBS has named Kelvin Wong as its new Chief Sustainability Officer, effective 11 May 2026. Wong, who currently leads the Energy, Renewables, and Infrastructure division within the bank’s Institutional Banking Group, will succeed Helge Muenkel as the latter moves abroad.

CEO Tan Su Shan emphasized that Wong’s deep expertise in energy markets, policy, and specialized financing makes him well-equipped to drive the bank’s sustainability initiatives forward. His professional background includes leadership roles at Commonwealth Bank of Australia and Standard Chartered Bank, along with experience at the Energy Market Authority of Singapore.

An alumnus of the National University of Singapore and Arcadia University, Wong is also a recognized industry expert. He serves on the International Energy Agency’s Finance Industry Advisory Board and has contributed as a peer reviewer for the Southeast Asia Energy Outlook for several years.

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