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DBS cuts CEO Gupta's pay by 30 per cent due to digital disruptions suffered by customers in 2023

DBS, Singapores leading corporate group, has reduced CEO Piyush Guptas variable pay by 30% due to digital disruptions experienced by the banks customers. The CEO and other members of the management committee took a 21% reduction in their variable pay. DBS suffered disruptions to its digital banking services, leading to regulatory actions.
Piyush Gupta Group Management Committee Monetary Authority Of Singapore Chief Executive Officer Piyush Gupta Channel News Asia Monetary Authority

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