DBS announced on Wednesday (Aug 7) that its chief executive officer will retire at the next annual general meeting on Mar 28, 2025.
Piyush Gupta, who has been with the bank since 2009, will be succeeded by Tan Su Shan, who was appointed deputy CEO on Wednesday, in addition to her current role as group head of institutional banking.
Over the last 15 years, DBS has undergone a transformation under Gupta’s leadership. The bank simplified its management structure, expanded into regional lenders and digitalised its services. However, service was marred in recent years by a spate of online banking disruptions.
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