Tuesday, September 1, 2009

Citi banker is DBS CEO


DBS Group Holdings has named Citi veteran Piyush Gupta as its new chief executive, one of Singapore's most important corporate posts.

The CEO position was left vacant when Mr Richard Stanley, a former Citi colleague and good friend of Mr Gupta's, died of leukaemia in April aged 48.

Mr Gupta, 49, oversees South-east Asia and the Pacific for Citi from its Singapore office. He joins DBS in November. His appointment ends a five-month search.

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