DBS’ Tan Su Shan ranked sixth in Fortune’s list of the most powerful women in business

Tan Su Shan, chief executive officer of DBS, has been named the sixth most powerful woman in business in Fortune magazine’s 2025 100 Most Powerful Women in Business list.

In the top 10, she is the only Singaporean and one of two Asian-based business leaders alongside Huawei chief financial officer Meng Wanzhou, who ranked 10th.

The list, released on Tuesday (May 20), is “based on company size and health, as well as an executive’s career trajectory, influence, innovation and efforts to make business better”, according to Fortune.

Tan, who ranked 89th in last year’s iteration, is the first woman to lead DBS, the largest bank in South-east Asia. She took over the helm from former CEO Piyush Gupta in March.

Rounding out the top five are: Mary Barra, chair and CEO of carmaker General Motors; Julie Sweet, chair and CEO of services company Accenture; Jane Fraser, chair and CEO of Citigroup; Lisa Su, chair and CEO of semiconductor maker AMD; and Ana Botin, executive chairman of Banco Santander.

OCBC group CEO Helen Wong ranked 15th and Png Chin Yee, chief financial officer of Temasek, was 87th.

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