DBS Group Holdings on Friday said it was appointing senior civil servant Chng Kai Fong as a new non-executive director to the boards of DBS Holdings (DBSH) and DBS Bank. Mr Chng joins the boards on March 31.

Mr Chng is currently the managing director of Singapore Economic Development Board (EDB). In addition to serving on DBS' main boards, he will also serve as a member of their audit committees and nominating committees. As part of DBS' board-renewal process, three long-serving directors, Euleen Goh, Ow Foong Pheng and Andre Sekulic will step down as board members on March 30.

Nanofilm Technologies

Nanofilm Technologies has been included into the FTSE ST Large & Mid Cap Index and the FTSE ST Mid Cap Index with effect from March 22, 2021. This follows the company's inclusion in the FTSE ST China Index and FTSE ST Shariah Index on Dec 21, 2020. The nanotechnology firm said this was in line with its continuing outreach to a high quality and diversified investor base, and the inclusions are expected to increase its exposure to global index funds and provide higher trading liquidity.