SINGAPORE - OCBC Bank has appointed Elaine Lam Su Yen, 44, as head of global corporate banking following Mr George Lee's retirement after 16 years with the bank.
Ms Lam, who joined the bank 15 years ago as a relationship manager was previously head of wholesale corporate banking, a position she held for nine years.
Among her achievements with the bank, she spearheaded the set-up of the regional structured/project finance business to capitalise on the growing opportunities in utilities and infrastructure finance in the region. She also set up OCBC's China business office in 2012.
Her professional experience prior to joining OCBC includes corporate banking and relationship management roles in ABN Amro Bank and UOB Bank, as well as Pricewaterhouse Coopers as an auditor.
Ms Lam also serves in the Institute of Banking and Finance's corporate banking sub-committee and the Financial Industry Competency Standards' (FICS) corporate banking working group. She holds a Bachelor of Accountancy (Honours) from Nanyang Technological University (NTU) and is an Institute of Banking and Finance fellow (corporate banking).
In her new role, Ms Lam is responsible for OCBC's corporate banking business which includes wholesale corporate marketing, China business office, real estate, global commodities finance as well as the bank's corporate banking business in all overseas offices.
Commenting on Ms Lam's appointment, Mr Samuel Tsien, OCBC's group CEO: "I am pleased that Elaine has taken over the reins of our corporate banking business. This is one of our largest business divisions and is a global business. I have always emphasised the importance of talent development and succession planning, and am glad that this has continued to bear fruit. Almost all our senior management roles are filled by talents that were groomed internally."