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Piyush Gupta

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Piyush Gupta
Gupta at the Asian Insights Conference in 2013
Born (1960-01-24) 24 January 1960 (age 64)
Alma materSt. Stephen's College (B.A.)
IIM, Ahmedabad (PGDM)
OccupationCEO of DBS Group
SpouseRuchira Gupta
Children2

Piyush Gupta (Hindi: पीयूष गुप्ता, Chinese: 高博德; born 24 January 1960) is a Singaporean banker.[1] He is Chief Executive Officer and Director of DBS Group, the largest bank in Southeast Asia by total assets.[2][3] He is also 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 before going on to pursue a Bachelor of Arts (Honours) degree in economics from St. Stephen's College, Delhi. After graduating, he enrolled at the Indian Institute of Management, Ahmedabad for his postgraduate diploma in management.[5]

Professional career

Early career and Citigroup

In 1982 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 1991 as the chief-of-staff to the Asia head, and was posted to Indonesia in 1998, as country manager. In 2000, he left Citigroup to start up a dot-com company, but closed his venture and re-joined Citigroup in 2001.[7] Gupta was country officer in Malaysia from 2002 to 2007, 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 2008, Gupta was appointed the chief executive officer of Citibank in South East Asia, Australia and New Zealand. In 2009, he left Citigroup to join DBS Group as the chief executive officer. As CEO, he received various business awards, and has been credited with growing DBS to become a leading Asian financial services group.[8][4]

Personal life

Gupta enjoys reading and bird watching.[9] He plays golf and badminton, and does crosswords. He is an ambassador for CanKids India,[10] a non-governmental organisation that supports victims of childhood cancer. His wife, Ruchira, is a physiotherapist.

A long-time permanent resident of Singapore, Gupta was naturalized as a Singapore citizen in 2009.[11]

References

  1. ^ Chew, Hui Min (4 September 2020). "Ministers respond in Parliament to NCMP Leong Mun Wai's comments on not having 'homegrown' DBS CEO". CNA. Retrieved 9 January 2021. The current CEO of DBS, Piyush Gupta, was born in India and became Singaporean.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Singapore's DBS names Citi's Piyush Gupta as CEO". Reuters. 1 September 2014. Retrieved 24 January 2014.
  3. ^ "Asia-Pacific's 50 largest banks by assets, 2020". www.spglobal.com. Retrieved 9 January 2021.
  4. ^ a b "Piyush Gupta (高博德) | DBS Bank, Chief Executive Officer (CEO)". DBS. Retrieved 9 January 2021.
  5. ^ "DBS’s Piyush Gupta |Replicating a success story". Live Mint.
  6. ^ " Managing a Company With a Helicopter Vision ". The New York Times.
  7. ^ " Go4i CEO quits as management rethinks strategy " Archived 21 August 2014 at the Wayback Machine. Financialexpress.
  8. ^ "DBS: Driving growth in Asian banking". Singapore Business Review. 8 May 2013. Retrieved 24 January 2014.
  9. ^ " DBS chief urges grads to take risks". National University of Singapore.
  10. ^ CanKids Ambassadors Archived 21 August 2014 at the Wayback Machine. CanKids.
  11. ^ "Piyush Gupta was still a foreigner when he received CEO appointment letter from DBS". The Online Citizen Asia. 5 September 2020. Retrieved 10 February 2021.