Thursday, 20 June 2024

OCBC bolsters China leadership with new corporate banking head

5 min read

OCBC has appointed Seth Tan as the head of corporate banking for OCBC China, effective 15 January 2024. This role was previously held by Ang Eng Siong, who was appointed CEO of OCBC China on 1 November 2023.

Tan will be based in Shanghai and will be responsible for all banking relationships with state-owned enterprises and large corporates across the China market. He will report to Elaine Lam, head of global corporate banking, OCBC, and Ang Eng Siong, CEO of OCBC China.

Tan brings to OCBC over 27 years of banking experience. He joins the bank from Sumitomo Mitsui Banking Corporation where he was the co-head of Structured Finance Asia. Prior to that, Tan was the founding head of Infrastructure Asia when it was established in 2018. The agency, set up by Enterprise Singapore and the Monetary Authority of Singapore, facilitates infrastructure offerings from companies and financial institutions based in Singapore and the region to support Asia’s social and economic growth.

Re-disseminated by The Asian Banker

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