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Keppel Names Piyush Gupta as Next Chairman as Danny Teoh Retires in 2026

Story Highlights
  • Keppel Chairman Danny Teoh will retire after the April 2026 AGM, ending a tenure marked by strategic transformation and strong shareholder returns.
  • Piyush Gupta, ex-DBS CEO and current Deputy Chairman, will assume the non-executive Chair role, reinforcing Keppel’s asset management focus and governance depth.
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Keppel Names Piyush Gupta as Next Chairman as Danny Teoh Retires in 2026

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The latest announcement is out from Keppel Corporation Limited ( (SG:BN4) ).

Keppel Ltd. announced that long-serving Chairman Danny Teoh will retire immediately after the company’s Annual General Meeting on 17 April 2026, after more than 15 years on the Board and five years as Chairman, during which Keppel completed its strategic shift away from offshore and marine and delivered a near-tripling of its share price and significantly higher total shareholder returns than the broader Singapore market. He will be succeeded on the same date by Piyush Gupta, currently Deputy Chairman and independent director, whose appointment as non-executive Chairman underscores Keppel’s ongoing board renewal and succession planning and brings deep regional and international financial expertise from his prior role as CEO of DBS Group and senior leadership positions at Citi, reinforcing the company’s leadership bench and its positioning as a global asset manager with strong sustainability and governance credentials.

The most recent analyst rating on (SG:BN4) stock is a Hold with a S$11.50 price target. To see the full list of analyst forecasts on Keppel Corporation Limited stock, see the SG:BN4 Stock Forecast page.

More about Keppel Corporation Limited

Keppel Ltd. is a Singapore-based global asset manager and operator that has transformed from an industrial conglomerate into an asset-light platform focused on infrastructure, real estate and connectivity. The company has sharpened its emphasis on governance and sustainability, establishing a Board Sustainability and Safety Committee and attaining top-tier ESG credentials, including an AAA MSCI ESG rating and inclusion in leading global sustainability indices.

Average Trading Volume: 3,274,735

Technical Sentiment Signal: Buy

Current Market Cap: S$18.83B

See more data about BN4 stock on TipRanks’ Stock Analysis page.

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