Next DBS CEO should have the skills to run the ‘Digital Bank of Singapore’
An important challenge will be to maintain the bank’s lead in the age of digital and online challenges, as well as coping with AI risks
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MANY in Singapore’s analyst community have been busy speculating when the DBS chief executive post will become vacant. But they have less to say about who the replacement can be, simply because whoever is tasked with the role has big shoes to fill.
Under CEO Piyush Gupta’s leadership, DBS – South-east Asia’s largest lender – has continued to break its profit records and provide strong returns to investors.
Today, DBS’ return on equity (ROE) ranks seventh among the 100 largest banks in the world, up from 46th place in 2015. It also ranks ninth in total shareholder returns among the 100 banks.
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