Tan Teck Long will become CEO of OCBC on January 1, 2026, taking over from Helen Wong. The Board unanimously endorsed him after a global search, affirming continuity in OCBC's strategic direction of becoming a financial services powerhouse. OCBC aims to capitalize on growing financial flows between Southeast Asia and China, where Chinese investments in Southeast Asia are rising. Tan, who joined OCBC in 2022, previously spent nearly 30 years at DBS and currently heads the global wholesale banking business, which contributed significantly to OCBC's income.
"After a rigorous global search, the Board unanimously agreed that Teck Long was the best candidate to take the helm," said OCBC chair Andrew Lee in a statement.
"There will be no disruption to OCBC's corporate strategic direction of becoming an integrated financial services powerhouse," he added.
OCBC, No. 13 on Fortune's Southeast Asia 500, wants to leverage financial flows between Southeast Asia and China, which are expected to grow as the world's second-largest economy looks for new trading partners.
Tan joined OCBC in 2022, just a year after his soon-to-be former boss took over the CEO role. He currently leads its global wholesale banking business, which contributed the largest share of OCBC's income last year, at 42%.
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