Tan Su Shan’s Salary and Role as DBS’s Deputy CEO

At DBS, Tan Su Shan is Group Head of Institutional Banking and Deputy CEO. 2010 saw her join DBS, bringing a wealth of knowledge from her work at Morgan Stanley. Tan, who is set to be DBS’s first female CEO, will take over from Piyush Gupta upon his March 2025 retirement.

Effects on Income Management Expansion

DBS‘s wealth assets grew 20% yearly under Tan’s direction, rising to $156 billion by 2017. DBS is among the top wealth management companies in Asia since she emphasizes institutional banking and wealth management. This development emphasizes her strategic ambition in raising the profile of the bank in financial services.

Competitive pay structure reflects leadership.

Mirroring Tan’s influence on DBS’s expansion, her pay comprises performance-based bonuses, stock options, and deferred compensation. Her compensation plan is based on her success increasing DBS’s digital and wealth management offerings, which significantly affect DBS’s market performance.

Leading DBS’s Digital Revolution

Leading projects that resulted in DBS’s ranking as “world’s best digital bank” by Euromoney in 2016, Tan guided DBS’s development into a digital banking superpower. Her work in this field has been crucial for DBS’s capacity to compete in a digital-first financial world; her pay honers this success.

Importance of Tan Su Shan’s Advancing to CEO

Emphasizing her contributions to DBS’s culture and approach, Tan will be the first internal candidate appointed CEO. Her selection indicates DBS’s trust in her capacity to guide the bank into the future and reflects DBS’s dedication to stability and continuity.

Contributions to DBS’s Market Value

Under Tan’s direction, DBS’s value dropped noticeably and became Singapore’s first bank to surpass S$100 billion in market capitalization. Her strategic awareness has enhanced DBS’s market posture, and her pay scale reflects her influence on the financial performance of the bank.

Increasing DBS’s institutional banking capacity

Tan, Group Head of Institutional Banking, emphasizes on customer-driven solutions and improving the bank’s offerings for business clients. Her pay reflects the value of her efforts to this division, therefore confirming DBS’s leadership position in the industry.

DBS’s first female leader

Tan represents a major turning point as the first female CEO of DBS. Her strategic approach, industry experience, and leadership style fit the objectives of DBS. Her position raises a new benchmark for female presence in Singapore’s banking sector at top levels.

Future Accountability: CEO

Tan will assume more wide-ranging responsibility supervising DBS’s expansion, market presence, and strategy in a changing financial environment when she moves to CEO. Her pay and bonuses show DBS’s faith in her to carry on the successful path Gupta started over his term.

Guiding DBS’s Stability and Development

Tan’s great knowledge will be very helpful in ensuring DBS’s stability among changes in the market. Her appointment is meant to guarantee continuity so DBS may keep on its expansion under a capable CEO.

An Innovative Legacy with Development

Tan’s choice by DBS emphasizes how dedicated the bank is to advancement and creativity. Her contribution has been crucial in determining DBS’s expansion plan; her elevation shows a seamless transfer that will help the bank to keep momentum and expansion going forward.

FAQs

1. Who is Tan Su Shan?
   She is the Deputy CEO and Group Head of Institutional Banking at DBS.
2. What is her estimated salary?
   Her estimated annual compensation is S$6 million.
3. When will she become CEO?
   She will assume the CEO role in March 2025.
4. What is her role in DBS’s digital banking transformation?
   She led initiatives that earned DBS recognition as a top digital bank.
5. What is her professional background?
   Tan previously worked at Morgan Stanley before joining DBS.