DBS COLLABORATES WITH CLOUD LEADER AMAZON WEB SERVICES TO DEEPEN CLOUD ENGINEERING TALENT POOL

SINGAPORE, 21 November 2017 – DBS Bank
announced today that it is collaborating with Amazon Web Services (AWS) to
further strengthen its technology talent pool by training them in cloud
engineering skills. This will enable its employees to rapidly innovate, build
and deliver new products to customers. With millions of active customers
worldwide, AWS was named a Leader in Gartner’s June 2017 Magic Quadrant for
Infrastructure as a Service, Worldwide for the seventh consecutive year.

The collaboration reinforces DBS’ commitment to being
at the forefront of banking, and is in alignment with the Singapore
government’s Smart Nation Agenda. DBS, named the World’s Best Digital Bank at
the Euromoney Awards for Excellence in 2016, announced in August that it would
invest SGD 20 million over five years to transform employees into a digital
workforce, enabling them to thrive in the digital economy and adapt to the
future of work.

DBS has been an early adopter of cloud among financial
services companies, and intends to move up to 50% of its compute workload to
the cloud by 2018 to support its digital transformation strategy. In the new
programme, AWS technical experts will work alongside DBS employees on selected
technology innovation projects covering the areas of security, artificial
intelligence and data analytics.

DBS employees can further enhance their technology
skills through a wide variety of specialised and professional courses in the
AWS technical learning curriculum. There will be Tech-Talks on the latest
technology innovations, featuring AWS subject matter experts. The curriculum,
with private classes customised for DBS, also features hands-on skills
enablement workshops in AWS’ training labs.  DBS will also work with AWS
to continue its hiring focus through innovative hiring programmes to attract
top IT talent.

“We are excited to add this first-of-its-kind
capability enhancement programme to our current suite of learning initiatives
available to our technology team,” said David
Gledhill, DBS’ Chief Information Officer and Head of Technology and Operations.
“We are creating a workforce with robust in-house technology capabilities and
deep engineering skills to rapidly
innovate, build, and deliver new products. This further drives the bank
forward in our digital transformation journey and reinforces our position as a
leader in digital banking.”

Lee Yan Hong, DBS’ Group Head of Human Resources,
said, “We’re building the next generation of digital bankers to enable our
digital transformation. An agile and innovative workforce will also make
Singapore’s Smart Nation ambition a reality and strengthen Singapore’s talent
pool.”

Nick
Walton, Head of ASEAN, Amazon Web Services, said: “The financial service
industry is rapidly evolving, and DBS is demonstrating again why they are a
global award-winning bank by transforming their workforce for the digital age
and equipping them with the latest knowledge on cloud technology. We are
excited to support DBS in their digital transformation and to work with them to
develop a talent pool that can further unlock the flexibility and power of
cloud technology.”

[END]

DBS is a leading
financial services group in Asia, with over 280 branches across 18 markets.
Headquartered and listed in Singapore, DBS has a growing presence in the three
key Asian axes of growth: Greater China, Southeast Asia and South Asia. The
bank’s “AA-” and “Aa1” credit ratings, is among the highest
in the world.

DBS is at the
forefront of leveraging digital technology to shape the future of banking, and
has been named “World’s Best
Digital Bank” by Euromoney. The
bank has also been recognised for its leadership in the region, having been
named “Asia’s Best Bank” by several publications including The Banker, Global
Finance, IFR Asia and Euromoney since 2012. In addition, the bank has been
named “Safest Bank in
Asia” by Global Finance
for nine consecutive years from 2009 to 2017.

DBS provides a full
range of services in consumer, SME and corporate banking. As a bank born and
bred in Asia, DBS understands the intricacies of doing business in the region’s
most dynamic markets. DBS is committed to building lasting relationships with customers,
and positively impacting communities through supporting social enterprises, as
it banks the Asian way. It has also established a SGD 50 million foundation to
strengthen its corporate social responsibility efforts in Singapore and across
Asia.

With its extensive
network of operations in Asia and emphasis on engaging and empowering its
staff, DBS presents exciting career opportunities. The bank acknowledges the
passion, commitment and can-do spirit in all of its 23,000 staff, representing
over 40 nationalities. For more information, please visit www.dbs.com.