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    • Piyush Gupta

    Singaporean banker (born )

    Piyush GuptaBBM (Hindi: पीयूष गुप्ता; born 24 January ) is an Indian-born Singaporean banker[1] and the chief executive officer (CEO) of DBS Group, the largest bank in Southeast Asia by total assets.[2][3] He is vice-chairman of the Institute of International Finance, and a board member of Enterprise Singapore.[4]

    Early life and education

    Gupta was one of three children, born in Meerut, India, to R.S.

    Gupta and Minnie Gupta. He attended St. Columba's High School and later earned a bachelor's degree in economics from St. Stephen's College, Delhi. After graduating, he joined the Indian Institute of Management, Ahmedabad for a Post Graduate Diploma in Management.[5]

    Professional career

    Career

    In and at the age of 22, Gupta started his career at Citibank India as a management trainee.[6] He did several assignments with Citibank India, eventually being the chief-of-staff to the India head.

    He moved to Singapore in as the chief-of-staff to the Asia head, and was posted to Indonesia in , as country manager.

    Piyush gupta dbs bank singapore internet access Ryan Tan 23 Jan Personal life [ edit ]. The third major change is an acceleration in digital-consumption demand. But we still have several last-mile gaps.

    In , he left Citigroup to start up a dot-com company, but closed his venture and re-joined Citigroup in [7] Gupta was country officer in Malaysia from to , where he helped built up Citigroup's branch network, before assuming the role of country officer in Singapore and the head of the Corporate and Investment Bank in ASEAN.

    In , Gupta was appointed the CEO of Citibank in South East Asia, Australia and New Zealand.

    In , he left Citigroup to join DBS Group as the CEO. As CEO, he received various business awards, and has been credited with growing DBS to become a leading Asian financial services group.[8][4] Early on in , Gupta also realized that DBS needed to start thinking like big tech.

    "Our frame of reference had to be Amazon or Alibaba.

    Piyush gupta dbs bank singapore internet Retrieved 24 January Claudia Khaw 22 Jan Piyush Gupta: Like many other companies, we leveraged digital technologies to be more relevant to our customers and also to be more convenient, simple, and safe for our staff. If you only use analytics, strategy, thinking, you can direct—you can run a command, control organisation.

    We had to stop thinking about what other banks will do. We had to start thinking about what big tech will do."[9]

    In , Gupta addressed an audience of top business leaders at the Asia Leaders Series in Zürich, Switzerland, stating that "Few people have come to the recognition that Asia is no longer the factory of the world, it is the marketplace of the world." He then elaborated, "Anybody who wants to allocate capital and is not looking at riding on the Asian growth story over the next years is really missing a big opportunity."[10]

    In , he led DBS to launch two new exchanges, and undertake two acquisitions.[11] Gupta has come out with the importance of future blockchain driven Web world with the cautious conclusion at a panel discussion titled, Global Trends and Web at the Singapore FinTech Festival in [12]

    Now, the problem with Web is when you take that argument to the next phase, it's not only the intermediaries you start questioning.

    You don't need a central bank. You don't need the regulators. And by the way, guess what, you don't need nation states. You don't need governments.

    Piyush gupta dbs bank singapore internet account November Learn how and when to remove this message. Well, this goes for every industry. We had to start thinking about what big tech will do. Retrieved 7 August

    And then you start getting into this thing that is not a question of technology. That's a question of social politics, and a question of philosophy. Do we as mankind prefer to live in a world where eight billion of us are individual agents, without any organising principles such as countries, states, central banks, regulators and boundary keepers?

    I would argue that it is very, very hard for us to get there.[12]

    In , he announced on August 7 that he would step down from his role on March 28, Tan Su Shan was appointed deputy CEO with immediate effect and will succeed him.[13]

    Personal life

    Gupta enjoys reading and bird watching.[14] He plays golf and badminton, and does crosswords.

    He is an ambassador for CanKids India,[15] a non-governmental organisation that supports victims of childhood cancer.

    Ocbc bank singapore DBS Service outage Banks and financial institutions. Purpose is perhaps the most overriding thing about our nature and culture. Search Search. Asia grows at night when the governments sleep.

    His wife, Ruchira, is a physiotherapist.

    A long-time permanent resident of Singapore, Gupta was naturalized as a Singapore citizen in [16][17] Gupta also possesses an Overseas Citizenship of India, a form of permanent residency for former citizens of India.

    References

    External links