Newly installed DBS head outlines priorities

DBS CEO Piyush Gupta puts premium on communication with subordinates as he familiarises with his position.

Mr Gupta told his employees in an internal memorandum obtained by The Straits Times that he is approaching his new job with excitement and optimism, as reported by Asia One.

"I believe this changing environment provides us with a unique window to stake out our position as the Asian bank," said Mr Gupta, as he highlighted the bank's financial strength, solid pedigree and leading market advantage here.

"There're very few players who enjoy this strength or opportunities similar to ours."

The former Citibanker started his first day of work 11 November and assumed the CEO's position after Mr Richard Stanley died of cancer earlier this year.

Mr Gupta, 49, said his first priority was to get to know the business and to meet as many of the staff as he could, here and in overseas branches.