DBS Group Holdings Ltd.

05/08/2024 | Press release | Distributed by Public on 05/08/2024 04:12

DBS appoints veteran technologist Eugene Huang as Chief Information OfficerSingapore.08 May 2024.5

DBS appoints veteran technologist Eugene Huang as Chief Information Officer

Singapore.08 May 2024

Huang - a tech leader with startup and MNC, as well as global experience - joins on 10 May


Singapore, 08 May 2024 - DBS Group Holdings announced today that veteran technologist Eugene Huang will be joining the bank as Chief Information Officer (CIO) effective 10 May 2024. In this role, Huang will be a member of the DBS Group Executive Committee, and report to CEO Piyush Gupta.

A veteran with over 36 years of technology and banking experience, Huang joins DBS from Ping An Group, where he led a team of 22,000 employees providing a full suite of IT offerings - including infrastructure, cybersecurity, middleware and customer-facing applications - to all of Ping An's businesses. He was concurrently Chairman and CEO of Ping An Technology, the technology arm of Ping An Group, with P&L responsibilities.

Huang is an American citizen, whose career has seen him work in multiple leading financial centres, and in both startups and multinational corporations. In the early part of his career, he spent nearly 10 years in New York with Salomon Smith Barney and Credit Suisse First Boston. He was subsequently with Citigroup and HSBC.

Prior to his latest role at Ping An Group, he was Deputy General Manager, Chief Technology Officer and Chief Operating Officer at OneConnect Financial Technology. Launched by Ping An in 2015, OneConnect is a technology services platform for financial institutionsaround the world. Huang played an integralrole inthe company's listing on the New York Stock Exchange in 2019, just four years after its establishment.

Huang will take over the CIO role from Han Kwee Juan, who has been double-hatting as DBS Acting CIO and Singapore Country Head since November 2023. Following this, Han will return full-time to being Singapore Country Head from 1 June.

Said Piyush Gupta, DBS CEO, "Eugene possesses a rare blend of deep business experience and technology expertise - as well as international exposure - which will serve DBS well as we continue to enhance our system resiliency while innovating for the future. His immediate focus will be to build on the work the bank has done since last year to strengthen our technology resiliency. He will be a strong addition to our leadership bench, and I look forward to his contributions as we continue to deliver on our promise of providing reliable and seamless banking to our customers."

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About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named "World's Best Bank" by Global Finance, "World's Best Bank" by Euromoney and "Global Bank of the Year" by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and the world's "Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.