“I think the biggest and best thing we can do to celebrate Piyush’s legacy is to continue the path that he has led us on, which is one of transformation, innovation and growth,” Tan said in a briefing on Aug 7, 2024, when she was named Gupta’s successor. “Our styles may be different, but some things will not change going forward.”
For most Singaporean bankers, taking over the reins of the city-state’s largest bank would have been the feather in the cap of a sterling career in finance. That wasn’t really the case for Tan Su Shan, who had big shoes to fill as DBS Group Holding’s seventh CEO.
Tan became CEO in April 2025 after her predecessor, Piyush Gupta, retired in March 2025. Before joining DBS in 2009, Gupta was Citi’s CEO for Southeast Asia-Pacific, covering Asean, Australia, New Zealand and Guam. Gupta’s 15-year tenure as DBS chief saw the bank generate almost 600% total shareholder returns.
