Who is Tan Su Shan, Singapore bank DBS's incoming CEO?
Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.
She will be the bank's first female chief executive and also the first to be appointed from within the ranks of the bank.
TAN'S CAREER TRACK
Tan, 56, is Singaporean and an Oxford University graduate. She has 35 years of experience in consumer banking, wealth management and institutional banking.
Tan began her career at ING Baring Securities in institutional equity and derivative sales. She joined Morgan Stanley in 1997 as an executive director before becoming Citigroup's regional head for Brunei, Malaysia and Singapore in 2005. She then returned to Morgan Stanley in 2008 as head of private wealth management for Southeast Asia.
DBS Bank CEO Piyush Gupta to step down in Mar 2025; Tan Su Shan to take over
Tan joined DBS in 2010, where she spent the first three years building the bank's wealth management business.
She subsequently spent roughly equal lengths of time managing DBS's consumer banking, wealth management and institutional banking businesses.
She served as a nominated member of parliament in Singapore from 2012 to 2014 — a position appointed by the president to bring more independent views to parliament.
Tan sits on the advisory board of the family office of James Dyson, the founder of home appliance maker Dyson. She is also a member of the board for Singapore-listed real estate
