DBS Group CEO Tan Su Shan has ranked sixth on Fortune’s 2026 Most Powerful Women in Business list, making her the only banker from Asia in the top 10.
Tan was also the only Singaporean in the top 10 and one of two Singaporeans in the full list of 100 business leaders.
Tan’s Rise at DBS
She took over as CEO and Director of DBS Group on 28 March 2025, succeeding Piyush Gupta after his retirement.
Her appointment made her DBS’ first female CEO and its first homegrown CEO.
Fortune noted that Tan inherited a high bar from Gupta, who led DBS for 15 years before stepping down.
DBS posted a net profit of S$11.0 billion in FY2025, down 3% from the previous year, while total income rose to a new high of S$22.9 billion despite rate headwinds.
The bank’s market capitalisation stood at US$124 billion at the end of 2025, placing it among the world’s top 25 banks by market value.
Tan joined DBS in 2010 and has held senior roles across wealth management, consumer banking and institutional banking.
Prior to becoming CEO, she oversaw the bank’s consumer, wealth and institutional banking divisions, which together contributed around 90% of DBS’ revenue.
She also served as Group Head of Institutional Banking and was appointed Deputy CEO in 2024 as part of the bank’s leadership transition.
The financial services leaders ahead of her on Fortune’s 2026 list include Citigroup Chair and CEO Jane Fraser, who topped the ranking, and Banco Santander Executive Chair Ana Botín, who placed fifth.
TIAA President and CEO Thasunda Brown Duckett and Fidelity Investments Chairman and CEO Abigail P. Johnson were also among the financial services names in the top 10.
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Magnific
