SINGAPORE — Singapore’s second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Wednesday (Oct 18) said that Wang Ke, currently CEO of OCBC Wing Hang China, will assume the role of Head of Greater China effective Nov 1.
Wang’s appointment will see Ang Eng Siong, currently Deputy President and Head of Corporate Banking at OCBC Wing Hang China, assuming the role of Acting CEO of OCBC Wing Hang China, OCBC said in a statement.
Ang’s appointment, which will also take effect on Nov 1, will be formalised once regulatory approval is obtained, OCBC said. Wang succeeds Tan Wing Ming, who will return to Singapore as an adviser to Group CEO Helen Wong, OCBC added. “Wang Ke and Eng Siong are valuable contributors to the OCBC franchise,” said Wong. “I am confident that, in their expanded roles, they will further advance OCBC’s strategic priorities in Greater China.”
The appointments follow OCBC’s recent move to unify its brand across its core markets of China and Southeast Asia to capture the growth opportunity there, a strategy with which it expects to deliver an additional revenue of S$3 billion by 2025.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OCBC names new Greater China head, OCBC Wing Hang China CEOpbWang Ke and Ang Eng Siong are stepping up to their new roles on 1 November./b/p pOCBC has announced leadership changes in its China business, including a new head and CEO./p pWang Ke, current CEO of OCBC Wing Hang China, will assume the role of head of Greater China, effective 1 November.
Read more »
OCBC SME Index: Which sectors are the best and worst performers of 3Q23?pstrongOverall, SMEs' performance and health remained in a state of contraction with a 49.6 reading./strong/p pThe performance and health of small and medium enterprises (SMEs) in Singapore continued to deteriorate in 3Q23, according to the latest OCBC SME Index.
Read more »
Referee makes police report after Singapore FA Cup match incident involving East Coast United playerSINGAPORE: A police report was made by a referee after a Singapore FA Cup game between East Coast United FC and GFA Victoria FC at Bukit Gombak Stadium, the Football Association of Singapore (FAS) said on Wednesday (Oct 18).
Read more »
Singapore’s Chinatown makes world’s coolest neighbourhoods list, ranks 14th behind Hong Kong and TokyoBeyond the shiny Central Business District (CBD) area and shopping district of Orchard Road, Singapore holds many hidden sights and experiences in her many neighbourhoods. While Singaporeans are aware of the hip and happening neighbourhoods in the city state, now the whole world will knows it too.
Read more »
Singapore's PM Lee to meet Saudi crown prince, UAE president on official Gulf tripSINGAPORE: Singapore's Prime Minister Lee Hsien Loong will call on Saudi Crown Prince Mohammed Bin Salman and United Arab Emirates President Sheikh Mohamed Bin Zayed Al Nahyan as part of official visits to the two Gulf states
Read more »