(Reuters) - After two years of hard work to improve Singapore's largest bank and lift its underperforming Hong Kong unit, DBS Group chief executive Piyush Gupta is embarking on his biggest challenge yet - a bid for Indonesia's Bank Danamon.
Two former colleagues, who declined to be named, said that while Gupta was highly rated as an operations man at Citigroup, he was not seen as someone who could lead the breaking of new ground. Gupta will be tested in Indonesia where rules on foreign bank ownership change frequently. Full story
Related:
DBS boss Gupta faces biggest challenge in Indonesia - The Guardian
DBS boss Piyush Gupta faces biggest challenge in Indonesia - The Economic Times
