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Fortune

Lionel Lim

DBS's next CEO will be Tan Su Shan, the first woman to lead Southeast Asia’s largest bank

Tan Su Shan DBS Piyush Gupta SouthEast Asia Singapore

(Credit: Graham Uden for Fortune)

The Singapore-headquartered DBS Group Holding is set to undergo a leadership transition.

Its CEO Piyush Gupta, who has led the bank for 14 years, will retire at the upcoming annual general meeting on March 28, 2025. He will be succeeded by Tan Su Shan according to a statement from the bank on Wednesday. The statement adds that Tan has been appointed deputy CEO, and the new appointment is an addition to her current role as group head of institutional banking.

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