SINGAPORE, May 8 (Reuters) - Singapore's biggest bank
DBS Group said on Wednesday that it has appointed Ping
An Technology's chairman and CEO Eugene Huang as its chief
information officer (CIO) effective Friday.
Huang, who is joining from Ping An Group, has over 36 years
of technology and banking experience and will report to DBS
Group CEO Piyush Gupta in his new role, DBS said in a statement
on Wednesday.
"His immediate focus will be to build on the work the bank
has done since last year to strengthen our technology
resiliency," Gupta said in the statement.
The Monetary Authority of Singapore (MAS) announced on April
30 that it ended DBS's six-month ban from acquiring new
businesses or making non-essential IT changes after DBS
addressed problems that had disrupted its digital banking
services in 2023.
But two days later on May 2, DBS experienced disruptions
with its online and mobile banking again, which prompted MAS to
follow up with DBS to identify the root cause of the issues, The
Strait Times reported.
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, according to DBS.
Following this, Han will return full-time to being Singapore
country head from June 1, DBS added.
Prior to Ping An, Huang was Deputy General Manager, Chief
Technology Officer and Chief Operating Officer at OneConnect
Financial Technology ( OCFT ).