OCBC says it may not need so many branches with plans to review office space Toggle share menu
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OCBC Bank headquarters at Chulia Street. (File photo: AFP)
29 Apr 2021 05:20PM) Share this content
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SINGAPORE: Singapore’s second largest bank OCBC will be reviewing its office space requirements, including the number of bank branches it has, amid changes to working patterns brought about by the pandemic.
“COVID-19 has pointed to us that there is a place for hybrid operation for our staff in the sense that some can work from home and some can work from (the) office,” said its chairman Ooi Sang Kuang in response to a shareholder’s question at the bank’s virtual annual general meeting on Thursday (Apr 29).
Wong will succeed Samuel Tsien on Apr. 15, and will become OCBC s first female group CEO.
She is also the first woman to head a Singapore bank.
The Chairman of OCBC Bank, Ooi Sang Kuang, said: Helen s experiences and expertise extend beyond corporate banking, Greater China and North Asia. We are confident that Helen will be able to lead the OCBC group to greater heights in an increasingly complex and challenging environment.
Started her career in OCBC
Wong had started her career in OCBC in 1984, and was the bank s first China Desk Manager.
In her 37-year career, she has also worked in various capacities in investment banking and corporate banking in other firms.
The Straits Times
OCBC appoints its first female group chief executive
Ms Helen Wong, 59, will succeed OCBC group CEO Samuel Tsien, 66, who retires on April 14 after nine years in the top job.
Ms Helen Wong, 59, will succeed OCBC group CEO Samuel Tsien, 66, who retires on April 14 after nine years in the top job.
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OCBC’s Wong to Succeed Tsien as First Female Singapore Bank CEO
Bloomberg 1/8/2021
(Bloomberg)
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Oversea-Chinese Banking Corp. named Helen Wong as Singapore’s first female bank chief executive officer, putting her in charge of leading the island state’s second-largest lender through a severe economic downturn brought on by the coronavirus pandemic.
Wong, 59, is replacing Samuel Tsien who will retire in April after running OCBC since 2012, the bank said in a filing to the stock exchange on Friday. She joined OCBC last year from HSBC Holdings Plc. where she ran the British bank’s Greater China operations.