The Directors to Watch: Racial & Ethnic Diversity Class of 2025 highlights 24 significant and diverse directors who have contributed to and will continue to expand ongoing dialogue on board best practices and corporate governance excellence.
Judy Lee
DBS Bank, Commercial Bank of Ceylon, Mapletree Logistics
Judy Lee is CEO of Dragonfly Capital, a leading expert in quantitative risk management, with over 35 years of experience as a banker, renewable energy C-suite executive and founder/partner of consulting firms.
Lee is an independent director of DBS Bank, Commercial Bank of Ceylon, Mapletree Logistics, JTC PLC and SMRT Corporation Ltd.; a member of the Monetary Authority of Singapore Corporate Governance Advisory Committee and the NYU Stern Executive Board; and former director of Temasek Life Sciences Accelerator, Solar Frontier and ATI.
She has served on eight audit and risk committees, including the role of chair of risk and investment, and she has chaired or served on four sustainability committees. Her 10 years of governance experience includes highly regulated industries, such as banking, asset management, public transport, energy/utilities and biotech/health care.
She co-authored the book What Every CEO Must Know About Risk and was an adjunct professor at Columbia University Peking University and Singapore Management University.
Transcending good governance. “Effective boards transcend good governance, efficiently ensuring that policies, procedures and execution are in place. High-performing boards support the CEO in growth and value creation. This requires cultivating a board culture where difficult conversations and debate on options and risk appetite occur. The chair and individual directors have agency to build trust and credibility with the CEO and senior management. This approach can work in successful chair and CEO successions, restructuring and IPOs.”