DBS Bank CEO – Piyush Gupta (Age – 66)

UPDATE: Piyush Gupta served as CEO of DBS Group from November 2009 to March 2025. The current CEO is Tan Su Shan, who took over on March 28, 2025. Read about Tan Su Shan – Current DBS CEO →

DBS Group Holdings, Southeast Asia’s largest bank by assets, was led by Piyush Gupta as CEO and Director from November 2009 to March 2025. Under his 15-year stewardship, DBS was transformed from a regional Singaporean lender into a globally recognized financial institution — named “Best Bank in the World” by Global Finance and Euromoney, and “Best Digital Bank” multiple times. Gupta spearheaded a digital-first strategy, drove major acquisitions including Citigroup’s Taiwan consumer banking operations and the merger with India’s Lakshmi Vilas Bank, and grew DBS’s net profit from SGD 2.1 billion in 2009 to a record SGD 11.4 billion in 2024. He was recognized by Harvard Business Review as one of the world’s top 100 best-performing CEOs in 2019, and received the 2025 William “Bill” Seidman Lifetime Achievement Award in financial services leadership.

Read on to discover Piyush Gupta net worth in 2026, DBS CEO salary and compensation, career history, email & contact details, wife & family, and more.
Piyush Gupta DBS Bank CEO
Piyush Gupta, former CEO & Director of DBS Group Holdings (2009–2025) • Photo: DBS Bank

DBS Bank Competitors

DBS Group operates in Singapore’s competitive financial services landscape and competes with major regional and global banks across Southeast Asia. The key competitors of DBS Bank include:

  • OCBC Bank (Oversea-Chinese Banking Corporation) – Singapore’s second-largest bank
  • United Overseas Bank (UOB) – third-largest Singaporean bank with strong ASEAN presence
  • HSBC – global banking giant with major Asia-Pacific operations
  • Standard Chartered – international bank focused on Asia, Africa, and the Middle East
  • Maybank – Malaysia’s largest bank with significant Southeast Asian reach
  • Citigroup – global competitor in wealth management and corporate banking
  • JPMorgan Chase – competes in investment banking and institutional services

Piyush Gupta – Quick Facts

Piyush Gupta — At a Glance
Full Name Piyush Gupta
Position Former Chief Executive Officer & Director (2009–2025)
Company DBS Group Holdings (SGX: D05)
Age 66 years (born January 24, 1960)
Education B.A. Economics, St. Stephen’s College, Delhi; PGDM, IIM Ahmedabad
Net Worth (2026) $55–80 Million (est.)
Total Compensation (FY2024) SGD 17.58 Million (~USD $13.2M)
CEO Tenure November 2009 – March 28, 2025
Current Roles Chairman, Singapore Management University; Chairman, Mandai Park Holdings
Email [email protected] (former corporate email)
Twitter/X @piyush24

Piyush Gupta Net Worth 2026 – DBS Bank CEO Salary

As of 2026, Piyush Gupta’s net worth is estimated at approximately $55–80 million USD. This estimate is based primarily on his significant DBS shareholdings — as of November 2024, Gupta held approximately 1.9 million DBS shares under a trust, valued at around SGD 80 million (approximately USD $60 million) at the time. Combined with accumulated compensation from over 15 years as CEO of Southeast Asia’s largest bank, his total net worth is substantial.

DBS CEO Compensation Breakdown (FY2024)

Component Amount (SGD) Share
Base Salary S$1,500,000 8.5%
Cash Bonus S$6,640,000 37.8%
Deferred Remuneration (Cash & Shares) S$9,360,000 53.2%
Other Benefits (car, club, driver) S$80,533 0.5%
TOTAL S$17,580,533 100%
Key Insight: Piyush Gupta’s FY2024 compensation of SGD 17.58 million (~USD $13.2 million) represented a 57% increase from the SGD 11.2 million he received in FY2023. The prior year’s lower figure reflected a voluntary 30% cut to his variable pay after DBS experienced digital service disruptions. Of the deferred component, approximately 17.1% will be paid in cash while the remainder is in DBS shares. The DBS board also awarded him a special recognition bonus of SGD 2.5 million for his contributions during his final year.

DBS Group Net Worth 2026 – Is DBS Bank Profitable?

Yes, DBS Group is highly profitable. Under Piyush Gupta’s leadership, DBS delivered record-breaking financial results year after year, culminating in an all-time high net profit of SGD 11.4 billion in FY2024.

DBS Group Financial Summary (FY2024)

Metric Value YoY Change
Market Capitalization ~SGD 158B (~USD $118B)
Total Income SGD 22.3B ▲ 10%
Net Profit SGD 11.4B ▲ 11%
Return on Equity (ROE) 18.0% Sustained
Cost-to-Income Ratio 40% Stable
Employees ~41,000 ▲ 2.5%
Dividend per Share SGD 2.22 ▲ 27%
SGX Ticker D05
Record Performance: DBS delivered a record net profit of SGD 11.4 billion in FY2024, up 11% from the previous year’s SGD 10.3 billion. Total income surpassed SGD 22 billion for the first time, fueled by an expanding net interest margin, record-high fee income, and strong markets trading income. DBS also announced an SGD 8 billion capital return plan for shareholders.

DBS Bank CEO Email Address | Piyush Gupta Contact

Below are the contact details and social media profiles for former DBS Bank CEO Piyush Gupta. Note that his corporate email may no longer be active following his departure from DBS in March 2025:

Contact Information
Email Address [email protected] (former corporate email)
Twitter/X @piyush24
LinkedIn Piyush Gupta – Chairman, Singapore Management University
Corporate HQ (DBS) 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
Phone (DBS HQ) +65 6878 8888
Current CEO Tan Su Shan (since March 28, 2025)

Career & Education – Company, University, & College

Piyush Gupta’s career spans over four decades in banking and financial services, including 27 years at Citigroup and more than 15 years as CEO of DBS Group. Below is his complete career timeline:

Piyush Gupta Career Timeline

Period Role Company
1982–1991 Management Trainee → Various Roles, India Citibank India
1991–1998 Chief of Staff to Asia Head, Singapore Citigroup
1998–2000 Country Manager, Indonesia Citigroup
2000–2001 Co-Founder (dot-com venture) Startup
2002–2007 Country Officer, Malaysia Citigroup
2007–2008 Country Officer, Singapore; Head of CIB, ASEAN Citigroup
2008–2009 CEO, South East Asia, Australia & New Zealand Citigroup
2009–2025 Chief Executive Officer & Director DBS Group
2025–Present Chairman, Board of Trustees; Chairman, Mandai Park Holdings; Deputy Chairman, Keppel Ltd SMU, Mandai, Keppel

Piyush Gupta began his career in 1982 as a 22-year-old management trainee at Citibank India, eventually serving as chief of staff to the India head. He moved to Singapore in 1991 as chief of staff to Citigroup’s Asia head. He later served as country manager in Indonesia during the 1998 Asian financial crisis, and then briefly left Citigroup in 2000 to co-found a dot-com venture, which he closed after the bubble burst in 2001.

Rejoining Citigroup, he served as country officer in Malaysia (2002–2007), building up the bank’s branch network, before becoming country officer in Singapore and head of the Corporate and Investment Bank in ASEAN. His final Citigroup role was CEO for South East Asia, Australia, and New Zealand.

In November 2009, Gupta was appointed CEO of DBS Group, where he led a comprehensive digital transformation that earned the bank recognition as the “Best Bank in the World” by both Global Finance and Euromoney. Key strategic moves under his tenure included the acquisition of Citigroup’s consumer banking business in Taiwan, investment in Shenzhen Rural Commercial Bank, and the 2020 merger with India’s Lakshmi Vilas Bank.

Education

Institution Degree / Program Website
St. Columba’s High School, New Delhi Secondary Education stcolumbasdelhi.com
St. Stephen’s College, University of Delhi Bachelor of Arts in Economics ststephens.edu
Indian Institute of Management, Ahmedabad (IIM-A) Post Graduate Diploma in Management (PGDM) iima.ac.in
St. Stephen's College, Delhi University Campus
St. Stephen’s College, University of Delhi — where Piyush Gupta earned his B.A. in Economics. Photo: Wikimedia Commons

Piyush Gupta Wiki – Age, Family, & More

Piyush Gupta (age 66, born January 24, 1960) was born in Meerut, Uttar Pradesh, India, to R.S. Gupta and Minnie Gupta. He is one of three siblings. He relocated to Singapore in 1991 and has been based there since, becoming one of the most prominent members of Singapore’s Indian diaspora community.

Gupta married Ruchira Gupta, a physiotherapist who is actively involved in ageing and geriatric care in Singapore. The couple has a son and a daughter, and welcomed their first grandchild in 2020.

In his personal life, Gupta is known for a long-standing passion for birdwatching, which he pursued avidly between ages 12 and 17. His other hobbies include playing badminton and crosswords, golfing, and reading.

Notable Achievements & Recognitions

  • William “Bill” Seidman Lifetime Achievement Award (2025) – Honored for lifetime contributions to leadership in financial services
  • Euromoney Outstanding Contribution to Banking Award (2025) – Recognized for transforming DBS into a world-class bank
  • Harvard Business Review Top 100 CEOs (2019) – Named one of the world’s 100 best-performing chief executives
  • Pravasi Bharatiya Samman Award (2023) – Highest honor conferred by the Indian Government on overseas Indians
  • Public Service Star (2020) – Awarded by the President of Singapore for meritorious service to the nation
  • Singapore Business Leader of the Year (CNBC, 2014) – Recognized for outstanding business leadership
  • Outstanding CEO of the Year (Singapore Business Awards, 2016) – Honored for exceptional corporate leadership
  • Global Indian of the Year (Economic Times, 2021) – Recognized for global impact as an Indian-origin leader
  • Ambassador, CanKids India – Supports children with cancer through advocacy and fundraising
  • DBS Foundation Champion – Championed social entrepreneurship across Asia through the DBS Foundation

About DBS Group

DBS Group Holdings Ltd is a Singaporean multinational banking and financial services corporation headquartered in Singapore. Established on July 16, 1968, as the Development Bank of Singapore by the Government of Singapore to take over industrial financing from the Economic Development Board, DBS has grown to become the largest bank in Southeast Asia by assets (over SGD 739 billion). It is listed on the Singapore Exchange under ticker D05.

DBS operates across 19 markets with a major presence in Greater China, Southeast Asia, and South Asia. The bank provides a full range of financial services including consumer banking, wealth management, institutional banking, treasury and markets, and digital banking through its award-winning platform, digibank. DBS has been named “Safest Bank in Asia” by Global Finance for 15 consecutive years and was recognized as “Best Bank in the World” by both Global Finance and Euromoney under Piyush Gupta’s leadership.

The current CEO is Tan Su Shan, who succeeded Piyush Gupta in March 2025 as the bank’s first female CEO.

Frequently Asked Questions (FAQ)

Who is Piyush Gupta?

Piyush Gupta is a Singaporean-Indian banker who served as the Chief Executive Officer and Director of DBS Group Holdings from November 2009 to March 2025. Under his 15-year leadership, DBS was transformed into a globally recognized financial institution, named “Best Bank in the World” multiple times. He currently serves as Chairman of the Board of Trustees of Singapore Management University and Chairman of Mandai Park Holdings.

Is Piyush Gupta still the CEO of DBS Bank?

No. Piyush Gupta stepped down as CEO of DBS Group on March 28, 2025, after more than 15 years in the role. He was succeeded by Tan Su Shan, who became DBS’s first female CEO. Gupta announced his planned retirement in August 2024.

What is Piyush Gupta’s net worth in 2026?

As of 2026, Piyush Gupta’s net worth is estimated at approximately $55–80 million USD. This is based primarily on his significant DBS shareholdings (approximately 1.9 million shares held under trust, valued at around SGD 80 million as of late 2024) and accumulated compensation from his long career in banking.

What was DBS Bank CEO Piyush Gupta’s salary?

In his final year as CEO (FY2024), Piyush Gupta received total compensation of SGD 17.58 million (~USD $13.2 million). This included a base salary of SGD 1.5 million, a cash bonus of SGD 6.64 million, deferred remuneration of SGD 9.36 million, and other benefits of SGD 80,533. This represented a 57% increase from the prior year.

What is the email address for DBS Bank CEO?

Piyush Gupta’s former corporate email was [email protected]. Since he stepped down as CEO in March 2025, this email may no longer be active. The current DBS CEO, Tan Su Shan, can be reached through DBS Group’s corporate headquarters at 12 Marina Boulevard, Singapore 018982, or by phone at +65 6878 8888.

What is DBS Bank’s net profit?

DBS Group reported a record net profit of SGD 11.4 billion (~USD $8.5 billion) for FY2024, an 11% increase from FY2023’s SGD 10.3 billion. Total income grew 10% to SGD 22.3 billion, with a return on equity sustained at 18.0%. DBS is the most profitable bank in Southeast Asia.

Article last updated:February 2026March 2026

Disclaimer: All information presented in this article has been compiled from publicly available sources, including DBS Group annual reports, official press releases, regulatory filings, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.