Factbox-Who is Tan Su Shan, Singapore bank DBS's incoming CEO?
) has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.
Tan joined DBS in 2010, where she spent the first three years building the bank's wealth management business. Tan sits on the advisory board of the family office of James Dyson, the founder of home appliance maker Dyson. She is also a member of the board for Singapore-listed real estate investment trust Mapletree Pan Asia Commercial Trust.Tan's immediate focus will be DBS's tech capabilities. The bank has had multiple service disruptions, leading to regulatory penalties and pay cuts for senior management including Gupta.
Analysts say they don't expect major changes in strategy for DBS, which on Wednesday lifted its full-year earnings guidance to record levels.
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