Piyush Gupta will step down as CEO of DBS Bank on March 28, 2025, after 15 years in the role. He will be succeeded by Tan Su Shan, currently the group head of institutional banking, who has been appointed deputy CEO effective immediately. Tan, who joined DBS in 2010 and has extensive experience in banking, will make history as the first female CEO of DBS. Under Gupta's leadership, the bank achieved numerous accolades, including being named 'World’s Best Bank', but also faced challenges, including multiple service disruptions that led to regulatory penalties. Gupta's tenure has seen the bank grow significantly in market value and profitability but has been marred by recent operational issues. Tan's appointment follows a structured succession process aimed at strengthening leadership within the bank.