Singapore's DBS to have first female CEO

By Reuters

Aug 09, 2024 12:10 am

DBS Group said on Wednesday that Tan Su Shan, its head of institutional banking, will succeed Piyush Gupta as chief executive officer (CEO) when he retires in March next year, making her the first woman to lead Singapore's and Southeast Asia's biggest bank.

CEO Gupta retires on March 28, 2025 when the bank hosts its next annual general meeting. Tan, 56, who joined the bank in 2010 from Morgan Stanley, will serve as the deputy CEO until then, DBS said in a statement.

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