SINGAPORE, Jan. 29 (Chinese media) -- Singapore's DBS Bank said its chief executive officer Richard Stanley has been diagnosed with leukemia, local media reported on Thursday .
According to Channel newsasia's report, the bank said Stanley is expected to take three to six months of medical leave and commence medical treatment in Singapore immediately. DBS chairman Koh Boon Hwee will cover Stanley's role in his absence.
The broadcaster said analysts do not expect the bank's business to be affected since the bank has good management structure in place.
The DBS was established in 1968 as the development bank of Singapore. It is now one of the largest financial services groups in Asia with operations in 16 markets.
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