New head of Singapore’s DBS grapples with weight of succession

New head of Singapore's DBS grapples with weight of succession New head of Singapore's DBS grapples with weight of succession

SINGAPORE — At an earnings briefing in Febru, Tan Su Shan, who helms her first financial quarter from this month as the CEO of DBS Group Holdings, noted that her predecessor, Piyush Gupta, was handing the bank over to her “in robust shape.”

Since Gupta assumed DBS’ chief executive post in 2009 during the aftermath of the global financial crisis, Southeast Asia’s largest bank by assets has grown steadily, with its annual net profit expanding more than fivefold over 15 years.