The bank has added two senior executives – the head of consumer banking in Singapore and the new China CEO – to its management team.
OCBC Bank has appointed Sunny Quek and Wang Ke to its 24-member management committee, the lender announced in a statement on Thursday.
Quek, who joined OCBC in late 2012 as Singapore head of branch and premier banking, was appointed head of consumer financial services in November.
Wang Ke, CEO, OCBC Wing Hang Bank (China)
Wang (pictured above) was appointed CEO of OCBC Wing Hang Bank (China) in December. He also joined the bank in 2012, and has held a number of senior roles at the bank, including chief information officer and head of the IT department, head of Operations & Technology, and Deputy President of OCBC Bank (China). In his current role, Wang reports to Hong Kong-basd Na Wu Beng, CEO, OCBC Wing Hang Bank.
Succession Planning
«We actively manage and plan ahead for succession planning and we review regularly our mid- to senior-level management bench strength on a forward-looking basis. We invest in our people, develop them and provide them with opportunities to realise their fullest potential,» group CEO Samuel Tsien said about the new appointments.
Tsien also noted that wealth management and China, as part of Greater China, are strategic pillars of the bank's corporate strategy. Greater China is OCBC Bank’s second-biggest market outside of Singapore, accounting for about 20 percent of its core profits before tax as of 30 September 2019, the statement said.
