See: OCBC Bank names Helen Wong as new group CEO; current CEO Samuel Tsien to retire
Upon his retirement, Tsien will be appointed as adviser to the board of the bank.
Tsien’s successor as CEO is Helen Wong Pik Kuen, whose appointment will be effective, also on April 15.
According to an announcement released via SGX on March 25, Tsien will also be stepping down from his role as chairman of the Association of Banks in Singapore in April.
See also: UOI targets Asean growth with digital and partnership-driven strategy
Shares in OCBC closed 1 cent higher or 0.09% up at $11.62 on March 25.
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