“I was of the view that maybe we need a quota because Singapore’s women on board percentages were abysmally low,” says Gupta, who has sat on the Council for Board Diversity (CBD) since 2019.
The decision not to impose a gender quota among senior leadership in workplaces has helped move the needle in promoting diversity, says DBS Group (SGX:D05) chief executive Piyush Gupta.
Speaking at a panel discussion hosted by DBS on March 14 to celebrate International Women’s Day, Gupta was answering a question on whether society has gone too far in promoting women’s equality.

