DBS Picks Tan to Be First Female CEO of Singapore’s Top Bank
- Tan will replace Gupta, who has led DBS for more than 14 years
- Gupta credited with transforming DBS while multiplying returns
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DBS Group Holdings Ltd. said Tan Su Shan will take over from Chief Executive Officer Piyush Gupta in March, becoming the first woman to lead Southeast Asia’s biggest bank.
Tan, currently head of DBS’s institutional banking group, was given the additional appointment of deputy CEO, according to a statement from the Singapore bank on Wednesday. She will succeed Gupta when he retires at the next annual general meeting on March 28.