For subscribers

DBS succession: The end of an era, but incoming CEO Tan Su Shan is poised to run the next lap well

Sign up now: Get ST's newsletters delivered to your inbox

Tan Su Shan, deputy chief executive officer and managing director of institutional banking at DBS Group Holdings Ltd., speaks during a news conference in Singapore, on Wednesday, Aug. 7, 2024. DBS picked Tan Su Shan as deputy to Chief Executive Officer Piyush Gupta, setting the stage for her to eventually become the first woman to lead Southeast Asia's largest bank. Photographer: Ore Huiying/Bloomberg

Ms Tan Su Shan has been with the lender for 14 years and was one of several senior bankers tipped to be the next CEO, so the announcement was no surprise.

PHOTO: BLOOMBERG

Follow topic:

SINGAPORE – It is an overused phrase, but it really will be the end of an era for South-east Asia’s largest bank when star banker Piyush Gupta retires as DBS boss in March 2025.

The new era that beckons will present myriad challenges to successor Tan Su Shan, including a shifting macroeconomic environment and more demanding customers, but her experience and the bank’s strong position put her in good stead to handle them, observers told The Straits Times.

See more on