Singapore-based OCBC has announced the appointment of a new chief executive officer for Hong Kong.
Wang Ke has been appointed as the CEO of OCBC Hong Kong, according to a statement, effective December 15.
Wang succeeds Ivy Au-Yeung, who will retire on December 31. Au-Yeung joined the bank in 2019 as Hong Kong deputy CEO before becoming Hong Kong CEO in 2021. Previously, she also worked at ANZ and Standard Chartered.
Moving forward, OCBC China CEO Ang Eng Siong and OCBC Macau CEO Kelvin Lou will report to Wang.
Since 2012
Wang first joined OCBC in 2012 as its head of IT in China before taking on expanded responsibilities to include operations in 2014. He was named as head of the Pearl River Delta region in 2017 and in 2019, he was appointed China CEO of OCBC Wing Hang – a unit that involved a merger with Hong Kong-based Wing Hang, which was acquired by the Singapore lender in 2014.
Earlier this month, Wang was appointed as head of Greater China, which includes three banking subsidiaries in Hong Kong, mainland China and Macau.
«One Group» Approach
Wang’s appointment to the dual roles of Hong Kong chief and Greater China head is part of the bank’s broader strategy to take a «One Group» approach involving internal collaboration across banking, wealth management and insurance to «support the increasingly cross-border aspirations and growth of businesses and individuals».
«I am pleased that Wang Ke is assuming the CEO role of OCBC Hong Kong, following his appointment as the head of Greater China. Having Wang Ke hold both positions will achieve greater synergy and alignment for the OCBC One Group approach,» said OCBC Group CEO Helen Wong.
