DBS Group Holdings Ltd’s CEO, Tan Su Shan, has achieved a significant milestone by being named one of Fortune’s top 10 most powerful women in business in 2025. This recognition is a testament to her exceptional leadership and contributions to the banking industry. Tan’s journey to the top has been impressive, having taken over as CEO of DBS on March 28, 2025, after serving as the bank’s deputy CEO.
Notably, Tan’s ranking on Fortune’s list has seen a significant jump from last year, where she was placed 89th on the magazine’s list of 100 female leaders in business. This year, she has broken into the top 10, ranking sixth on the list. This rapid ascent is a reflection of her outstanding performance and the impact she has made in her relatively short tenure as CEO.
Tan’s appointment as deputy CEO and successor to former CEO Piyush Gupta was announced on August 7, 2024. At the time, this move was seen as a strategic effort to ensure a smooth transition of leadership at DBS. Under her guidance, the bank is expected to continue its growth trajectory and solidify its position in the industry.
Tan’s achievement is not only a personal triumph but also a significant milestone for women in leadership positions. Her recognition on Fortune’s list serves as an inspiration to aspiring female leaders, demonstrating that with dedication, hard work, and determination, they can reach the highest echelons of business.
As one of the top 10 most powerful women in business, Tan’s influence extends beyond the banking sector. Her leadership style, vision, and expertise are likely to have a profound impact on the broader business community, shaping the future of finance and beyond. With her at the helm, DBS is poised to navigate the complex landscape of the financial industry, driven by innovation, sustainability, and a commitment to excellence. Tan’s achievement is a celebration of her exceptional talents and a testament to the bank’s forward-thinking approach to leadership.