DBS Bank CEO Piyush Gupta to step down, Tan Su Shan to take charge
Piyush Gupta will be stepping down from his role in March 2025
DBS Bank CEO Piyush Gupta will be stepping down from his role in March 2025, media reports stated. He will be succeeded by Tan Su Shan.
Shan was appointed as Deputy CEO, in addition to her current role as the group head of institutional banking, DBS said in a regulatory filing on Wednesday.
Gupta, 64, will retire at the next annual general meeting on March 28, 2025, the report added.
Piyush Gupta has been Chief Executive Officer and Director of DBS Group since November 2009. Prior to joining DBS, Piyush was with Citigroup for 27 years, where his last position was Chief Executive Officer for South East Asia, Australia and New Zealand.
As per his LinkedIn profile, Piyush is currently the Chairman of the Board of Trustees of Singapore Management University, Vice-Chairman of the Institute of International Finance, Washington, and Vice-Chairman of the World Business Council for Sustainable Development (WBCSD) Executive Committee.
Tan Su Shan is a seasoned professional with over 35 years of experience in consumer banking, wealth management and institutional banking. Besides Singapore, Shan has worked in major financial centres such as Hong Kong, Tokyo and London.
