Indian-origin DBS chief Piyush Gupta has stepped down from the position of CEO. He has passed the baton to Tan Su Shan, who has become the first female CEO of DBS. Mr Gupta spearheaded the bank's growth for 15 years. DBS achieved a record performance in 2024 as full-year net profit rose 11 per cent to SGD 11.4 billion, with return on equity (ROE) at 18 per cent, according to the bank's annual report released earlier in the month.