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DBS CEO Piyush Apologizes for Disruption and Establishes Committee to Investigate the Issue.

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DBS CEO Piyush Gupta has recently apologized for the disruption that occurred on 5th August 2021, which affected the bank’s digital services. The incident led to a massive inconvenience for the bank’s customers, who were unable to access their accounts, make transactions or use the bank’s online services. The issue was resolved after several hours, but it caused a significant uproar among the bank’s customers.

In response to the incident, DBS CEO Piyush Gupta has established a committee to investigate the issue and prevent such incidents from happening in the future. The committee will be headed by DBS Group CIO Jimmy Ng and will comprise of senior executives from various departments of the bank.

The committee will investigate the root cause of the disruption and identify areas where improvements can be made to prevent such incidents from happening in the future. The committee will also review the bank’s existing processes and procedures to ensure that they are robust enough to handle any future disruptions.

In his apology, DBS CEO Piyush Gupta stated that the bank takes the issue of customer service very seriously and that the bank is committed to providing its customers with a seamless and reliable banking experience. He also assured customers that the bank is taking all necessary steps to prevent such incidents from happening in the future.

The incident highlights the importance of digital services in today’s world and the need for banks to ensure that their digital infrastructure is robust enough to handle any disruptions. With more and more customers relying on digital banking services, it is essential for banks to invest in their digital infrastructure and ensure that it is reliable and secure.

In conclusion, DBS CEO Piyush Gupta’s apology and the establishment of a committee to investigate the issue shows that the bank is taking the issue of customer service seriously. The incident serves as a reminder to all banks that they need to invest in their digital infrastructure and ensure that it is robust enough to handle any disruptions. Customers expect a seamless and reliable banking experience, and it is up to banks to ensure that they deliver on this expectation.

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