Tan leads day-to-day efforts to operationalise the bank’s digitalisation strategy across the businesses she runs
DBS has announced the appointment of Tan Su Shan as its deputy chief executive officer, the bank said in a bourse filing on Wednesday (Aug 7).
Tan is currently the bank’s head of institutional banking, and she will succeed Piyush Gupta as CEO when he retires at the next annual general meeting on Mar 28, 2025, said DBS.
Tan, 56, has more than 35 years of experience in consumer banking, wealth management and institutional banking.
She joined the bank in 2010, and made waves in banking circles especially for her success in growing DBS’ wealth management business.
Tan led the day-to-day efforts to operationalise the bank’s digitalisation strategy across the businesses she ran, said DBS, and she has been the president commissioner of DBS Indonesia since 2014.
Here are five other things you should know about the banking industry veteran:
-
She will be the first female CEO in the history of DBS.
-
Tan graduated from the University of Oxford with a master degree in politics, philosophy and economics.
-
She started her career with ING Baring Securities doing institutional equity and derivative sales before moving on to Citi in 2005 as the regional head for Singapore, Malaysia and Brunei.
-
From 1997 to 2005, and from 2008 to 2010, Tan was with Morgan Stanley, first as an executive director and later on, taking on the role of head of private wealth management.
-
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.
