DBS Group Holdings (DBS) announced the appointment of Eugene Huang as its new Chief Information Officer (CIO), effective May 10, 2024. Huang, a seasoned technologist with over 36 years of experience, will join DBS’s Group Executive Committee and report directly to CEO Piyush Gupta.
Huang brings a wealth of knowledge to DBS, having held leadership positions in both startups and multinational corporations across global financial centres. His prior experience includes nearly a decade working with leading financial institutions like Salomon Smith Barney and Credit Suisse First Boston in New York. He also held positions at Citigroup and HSBC.
Huang joins DBS from Ping An Group, where he led a team of 22,000 employees responsible for delivering a comprehensive suite of IT solutions to all Ping An businesses.
He served as Chairman and CEO of Ping An Technology, the group’s technology arm, overseeing its entire profit and loss operations. Notably, he played a key role in taking OneConnect Financial Technology, a Ping An subsidiary focused on financial technology services, public on the New York Stock Exchange in 2019, just four years after its inception.
Huang succeeds Han Kwee Juan, who has been serving as both Acting CIO and Singapore Country Head since November 2023. Han will transition back to the role of Singapore Country Head full-time from June 1, 2024.
Commenting on the appointment, DBS CEO Piyush Gupta said, “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. We are confident that Eugene will be a valuable addition to our leadership team and contribute significantly to our commitment of providing our customers with reliable and seamless banking experiences.”