"If I have to look around the landscape, I'd say maybe 50 per cent of companies have made enough progress on that," Mr Piyush Gupta told Bloomberg News in an interview on Oct 17.
"A lot of people have tried to digitise before they change the fundamentals," he said. "I call that putting lipstick on a pig."
Mr Gupta, who will step down as chief executive of DBS Group Holdings in March 2025, is widely credited for transforming Southeast Asia's biggest bank as it braces itself for new competition from fintech rivals like Grab Holdings.
That shift has helped reduce costs to win new clients, while compiling data to pave the way for artificial intelligence.
هذه القصة مأخوذة من طبعة October 22, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 22, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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