Private Banks

DBS Bank inclusion in GEI index underscores the firm's commitment to gender equality

DBS Bank has made it to the Bloomberg Gender-Equality Index (GEI) for the second year running, featuring among 230 companies from 10 sectors headquartered across 36 countries and regions worldwide.

Said DBS CEO Piyush Gupta, “We believe that gender equality is essential to effective and sustainable development. Progressive companies that embrace gender equality are more likely to have more diverse ideas and avoid groupthink, which ultimately leads to better decision-making. We are honoured to have made the GEI index for the second year, to be recognised for our commitment to driving parity for an inclusive work environment. In Singapore, close to 60% of DBS’ overall workforce are women, and women make up 40% of our senior management (senior vice presidents to managing directors). In addition, more than one-third of our Group Management Committee are women who run the bank’s largest businesses and key functions.”

DBS has a slew of policies that provide flexibility to women. The bank’s workplace policies are designed to benefit employees and their families in terms of flexible time arrangement, sabbatical leave arrangement, savings, well-being and medical protection. To further boost the diversity of gender, nationality, skills and knowledge among the bank’s Board of Directors, DBS adopted a diversity policy which continues to be implemented today. In addition, DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship, supports and funds numerous social enterprises that empower disadvantaged women and girls.