DBS announced the appointment of Tan Su Shan as its deputy chief executive officer, the bank said in a bourse filing on Wednesday (Aug 7). She is currently the bank’s head of institutional banking, and will succeed Piyush Gupta as CEO when he retires at the next annual general meeting on Mar 28, 2025.
Tan, 56, has more than 35 years of experience in consumer banking, wealth management and institutional banking.
She joined DBS in 2010, and made waves in banking circles for growing DBS’ wealth management business, among other achievements.
Here are five things you should know about the banking industry veteran:
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She will be the first woman CEO in the history of DBS.
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Tan graduated from the University of Oxford with a master’s degree in politics, philosophy and economics.
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She started her career with ING Baring Securities in institutional equity and derivative sales before moving to Citi in 2005 as the regional head for Singapore, Malaysia and Brunei.
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From 1997 to 2005, and from 2008 to 2010, Tan was with Morgan Stanley, first as an executive director and later as head of private wealth management.
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Outside of DBS, she has served as a nominated member of parliament between 2012 and 2014, and has served on several boards in government, education and women’s leadership.
