OCBC: Appointment of Mr Tan Teck Long as group chief executive officer

OCBC: Appointment of Mr Tan Teck Long as group chief executive officer

Singapore's Oversea-Chinese Banking Corporation (OCBC) has named insider Tan Teck Long as its next group chief executive officer, effective January 1, 2026. Tan will succeed Helen Wong, who has been at the helm since April 2021 and will retire at the end of 2025 [1].

Tan Teck Long, currently head of global wholesale banking since joining OCBC in March 2022, will also assume the role of deputy CEO immediately. He brings over 30 years of experience in corporate banking, investment banking, and risk management. Previously, he served as group chief risk officer at DBS Group [2].

Helen Wong, who became the first female chief executive of a major Singapore lender when she took the top job in April 2021, will remain chairman of OCBC China and a director of OCBC Hong Kong after her retirement. During her tenure, she oversaw the acquisition of PT Bank Commonwealth Indonesia and increased OCBC's stake in Great Eastern Holdings [2].

OCBC Chairman Andrew Lee stated that Tan was appointed after a "rigorous global search" and that his appointment will not disrupt the bank's strategic direction of becoming an integrated financial services powerhouse [3].

References:
[1] https://www.marketscreener.com/quote/stock/OVERSEA-CHINESE-BANKING-C-6491130/news/Singapore-lender-OCBC-names-insider-Tan-Teck-Long-as-next-CEO-50488678/
[2] https://www.fintechfutures.com/job-cuts-new-hires/ocbc-appoints-tan-teck-long-as-ceo
[3] https://www.marketscreener.com/quote/stock/OVERSEA-CHINESE-BANKING-C-6491130/news/OCBC-s-Tan-Teck-Long-to-Succeed-Helen-Wong-as-CEO-50489427/