Rashid Hussain Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KUALA LUMPUR: Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) has tapped former Bank Negara Malaysia (BNM) deputy governor Datuk Ooi Sang Kuang to the sit on the boards of its key banking and insurance units. Ooi’s appointments by OCBC came barely two months after he retired from his position as special adviser to BNM on Dec 31. Prior to being retained for a one-year tenure as the central bank’s special adviser, Ooi had served for eight years as BNM deputy governor from 2002 to June 2010. But now, Ooi sits on the OCBC’s 14-man board as an independent non-executive director following his appointment on Feb 21. Ooi was also appointed to the boards of OCBC Bank Malaysia Bhd and insurance operator Overseas Assurance Corp Malaysia Bhd, which is a unit of OCBC’s insurance arm Great Eastern Holdings Ltd. Ooi sits on the OCBC's 14-man board as an independent non-executive director. Aside from that, Ooi is presently the chairman of BNM’s subsidiary, Malaysian Electronic C ....

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