SINGAPORE, Dec. 12 -- Singapore has three women on Forbes' 2025 list of the world's 100 most powerful women this year.

DBS chief executive Tan Su Shan makes her debut at No. 29, followed by Temasek Trust chair Ho Ching at No. 34, and Granite Asia senior managing partner Jenny Lee at No. 96.

Tan became group CEO of DBS, South-east Asia's largest bank by assets, in March 2025 after more than a decade at the bank where she strengthened wealth management and led consumer and institutional banking.

Ho took the helm of Temasek Trust, which manages Temasek's philanthropic endowments, in 2022 after leading Temasek Holdings from 2004 to 2021, and was No. 32 on Forbes' 2024 list.

Lee oversees a portfolio of 21 companies valued at over US$1 bill...