“The strategic moats we have built mean our successes are not easy to replicate and there is momentum in our business,” says Tan in a column titled “Deputy CEO reflections”. “Our strategic vision will preserve our relevance and ability to stay ahead. As such, we are in a strong position to continue delivering healthy shareholder returns and outperforming peers.”
DBS Group Holdings is in a “strong position” to continue “healthy” shareholder returns and outperform its peers, says deputy CEO Tan Su Shan.
In her first letter to shareholders in DBS’s FY2024 annual report, released March 6, Tan says “strategic initiatives” implemented by outgoing DBS CEO Piyush Gupta over the past 15 years have “propelled” the bank “from an underperforming domestic franchise to one of the world’s best banks”.
