SINGAPORE (AP) - Richard D. Stanley, chief executive of Singapore’s DBS Group Holdings Ltd., has died from complications of leukemia. He was 48.
Stanley joined DBS, Southeast Asia’s biggest bank, last May and was diagnosed with acute myelogenous leukemia in January and died Saturday, the bank said in a statement.
“All of us at DBS are deeply saddened by the loss,” the bank said. “The board of directors will announce succession plans in due course.”
Stanley, a U.S. citizen, is survived by his wife Koh Li Peng and three children, the bank said.
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