OCBC appoints CEO of Wing Hang China as new head of Greater China

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OCBC has appointed Wang Ke (left) as its head of Greater China, and Ang Eng Siong as its acting CEO of OCBC Wing Hang China.

OCBC has appointed Mr Wang Ke (left) as its head of Greater China, and Mr Ang Eng Siong as its acting CEO of OCBC Wing Hang China.

PHOTO: OCBC

Tan Nai Lun

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SINGAPORE – OCBC Bank on Wednesday said it has appointed Mr Wang Ke as its new head of Greater China.

Mr Wang is currently chief executive officer of OCBC Wing Hang China.

He will succeed Mr Tan Wing Ming, who will return to Singapore to be an adviser to the group CEO.

With the appointment, Mr Ang Eng Siong will step up as acting CEO of OCBC Wing Hang China.

Mr Ang, who is currently deputy president and head of corporate banking at OCBC Wing Hang China, will be formally appointed to the role once regulatory approval is obtained, the lender said.

OCBC said it expects that the leadership changes will continue enhancing its Greater China coverage, as its Asean-Greater China strategic thrust gathers momentum.

Mr Wang joined OCBC in 2012 as its head of information technology in China.

His responsibilities expanded to include operations in 2014, and he was appointed head of the Pearl River Delta region in 2017.

He became CEO of OCBC Wing Hang China in 2019.

Mr Ang, who has been with OCBC since 2009, spent six years in Singapore in various roles across risk management, finance and business development, before he moved to China in 2015.

He was appointed China’s chief risk officer in 2018 and head of corporate banking in 2022.

Meanwhile, Mr Tan has spent 18 years at OCBC, where he took on roles including country head of the OCBC China branch and regional general manager of North-east Asia, before he was tasked with setting up and leading the Greater China division in 2021.

OCBC group CEO Helen Wong noted that the appointments affirm the bank’s commitment to nurturing home-grown talent and providing avenues for career progression and mobility.

“I am confident that in their expanded roles, they will further advance OCBC’s strategic priorities in Greater China,” she said.

The appointments will take effect from Nov 1.

OCBC shares closed down 12 cents, or 0.92 per cent, at $12.95 on Wednesday.

THE BUSINESS TIMES

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