Yahoo Finance DBS appoints Eugene Huang from Ping An as new CIO
Han Kwee Juan will stop double-hatting and focus on his original role of Singapore country head
DBS Group Holdings has appointed Eugene Huang as its new chief information officer.
Huang, who is now chairman and CEO of Ping An Technology, part of the Chinese insurance giant, will assume this new role on May 10.
At Ping An, Huang, an American, led a team of 22,000 employees providing a full suite of IT offerings supporting the Ping An group.
Prior to Ping An, Huang has worked with other organisations such as Salomon Smith Barney, Credit Suisse First Boston, Citigroup and HSBC.
“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," says DBS CEO Piyush Gupta.
"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," he adds.
While DBS has consistently delivered record earnings and returns to shareholders, it has suffered from a series of IT outages, triggering a series of responses from the regulator the Monetary Authority of Singapore.
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