DBS gifts S$500 to each staff for 50th anniversary

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In conjunction with its 50th anniversary, DBS will be expressing its gratitude to its employees by giving S$500 to each of its 26,000 employees at a Golden Jubilee employee townhall held at the Victoria Theatre. Announced by DBS CEO Piyush Gupta, he said: “In the last 50 years, DBS has evolved from Development Bank of Singapore to World’s Best Digital Bank. Recognising that this success would not have been possible without the support of our stakeholders, we felt it was important for our Jubilee celebrations to include a measure of giving back, whether to shareholders, customers or employees. For our people in particular, this special Jubilee gift comes ahead of DBS’ birthday on 16 July, and is an expression of our gratitude for their hard work, commitment and strong sense of purpose.”

A special guest at the townhall was former DBS chairman S. Dhanabalan, who was among the founding group of employees instrumental in the establishment and running of DBS at its inception 50 years ago.

Meanwhile, the bank’s employees had actively mentored 50 social enterprises across its six key markets last year as an act of giving back to the community. DBS staff across the region will also be participating in 50 volunteer initiatives in the bank’s birthday month of July.

Photo / 123RF