Piyush Gupta

Piyush Gupta (पीयूष गुप्ता; born 24 January 1960) is an Indian-born Singaporean banker currently serving as the chief executive officer, and director of DBS Group, the largest bank in Southeast Asia by total assets.

He is also vice-chairman of the Institute of International Finance, and a board member of Enterprise Singapore.

Gupta was one of three children, born in Meerut, India, to R.S. Gupta and Minnie Gupta.

He attended St. Columba's High School and later earned a Bachelor of Arts (Hons) degree in Economics from St. Stephen's College, Delhi.

After graduating, he joined the Indian Institute of Management, Ahmedabad for a Post Graduate Diploma in Management.

In 1982 and at the age of 22, Gupta started his career at Citibank India as a management trainee.

He did several assignments with Citibank India, eventually being the chief-of-staff to the India head.

He moved to Singapore in 1991 as the chief-of-staff to the Asia head, and was posted to Indonesia in 1998, as country manager.

In 2000, he left Citigroup to start up a dot-com company, but closed his venture and re-joined Citigroup in 2001.

Gupta was country officer in Malaysia from 2002 to 2007, where he helped built up Citigroup's branch network, before assuming the role of country officer in Singapore and the head of the Corporate and Investment Bank in ASEAN.

In 2008, Gupta was appointed the chief executive officer of Citibank in South East Asia, Australia and New Zealand.

In 2009, he left Citigroup to join DBS Group as the chief executive officer.

As CEO, he received various business awards, and has been credited with growing DBS to become a leading Asian financial services group.

A long-time permanent resident of Singapore, Gupta was naturalized as a Singapore citizen in 2009.

Gupta also possesses an Overseas Citizenship of India, a form of permanent residency for former citizens of India.

He then elaborated, "Anybody who wants to allocate capital and is not looking at riding on the Asian growth story over the next 10-15-20 years is really missing a big opportunity."

Early on in 2013, Gupta also realized that DBS needed to start thinking like big tech.

"Our frame of reference had to be Amazon or Alibaba. We had to stop thinking about what others banks will do. We had to start thinking about what big tech will do."

In 2018, Gupta addressed an audience of top business leaders at the Asia Leaders Series in Zurich, Switzerland, stating that "Few people have come to the recognition that Asia is no longer the factory of the world, it is the marketplace of the world."

In 2020, he led DBS to launch two new exchanges, and undertake two acquisitions.

Gupta has come out with the importance of future blockchain driven Web 3.0 world with the cautious conclusion at a panel discussion titled, Global Trends and Web 3.0 at the Singapore FinTech Festival in 2021.

Gupta enjoys reading and bird watching.

He plays golf and badminton, and does crosswords.

He is an ambassador for CanKids India, a non-governmental organisation that supports victims of childhood cancer.

His wife, Ruchira, is a physiotherapist.