DBS wants to be ‘Asian bank for Asians’ rather than global bank: CEO Tan Su Shan

DBS wants to be ‘Asian bank for Asians’ rather than global bank: CEO Tan Su Shan


The company has ‘come a long way’ in growing its wealth-management business, she adds

[SINGAPORE] DBS, South-east Asia’s largest bank, will pursue growth within Asia rather than seek to become a global bank, with chief executive Tan Su Shan identifying wealth management, capital markets and trade as regional bright spots.

Asia “has a strong hand”, with growing capital markets, fast wealth creation, increasing trade, diversified demographics and strong artificial intelligence adoption, she said.

“We’re not a global bank, and I don’t think you’ll see us becoming a global bank like a Citi or HSBC – we want to be an Asian bank for Asians,” she said on Friday (Sep 11), at a fireside chat organised by the Singapore Press Club.



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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