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DBS Bank CEO Tan Su Shan has been named the 6th most powerful woman in business on Fortune magazine’s 2025 list. The Singaporean business leader, who assumed the role of CEO in March 2024, is the only Singaporean and one of just two Asian-based leaders in the top 10. Her ranking is a significant jump from 89th place the previous year, showcasing her growing influence on the global business stage.

Tan’s rise to the top 10 is a testament to her dynamic leadership at DBS, where she became the first woman to lead Southeast Asia’s largest bank. Her appointment was seen as a key moment in DBS’s long-standing success, and her rapid advancement within the rankings underscores her transformative role in shaping the bank’s future.

Other business giants in the top 10 include Mary Barra of General Motors, who took the top spot, followed by Julie Sweet of Accenture, Jane Fraser of Citigroup, Lisa Su of AMD, and Ana Botin of Banco Santander. While Tan’s ascent is extraordinary, it also reflects the fierce competition, as only 20 female CEOs from the Fortune 500 made the list.

The 2025 list, which is now in its 28th year, recognises business leaders based on company size, health, innovation, influence, and career trajectory. Tan’s leadership at DBS, combined with her contributions to the global banking sector, played a key role in her high placement, positioning her among some of the world’s most influential women.

The prestigious list includes influential women across a wide range of industries including finance, tech, healthcare, and retail. As the business world navigates economic uncertainty, Tan Su Shan’s rise signals not only her individual success but the increasing impact of women leaders on the global stage.