Tan is now chief risk officer at DBS, where he will serve up till March 12 2022.
According to the filing put out by the bank, the position will be responsible for all wholesale banking businesses around the world. This includes global corporate banking, global commercial banking, global transaction banking as well as emerging business.
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Tan comes with a wealth of experience including being the head of institutional bank China in DBS Bank from Sept 2011 to Jan 2016.
See also: OCBC group CEO Helen Wong to retire end-2025; successor Tan Teck Long appointed deputy CEO
Besides the chief risk officer role at DBS, Tan is the chairman, CEO and director of The Islamic Bank of Asia.
He is also the supervisor of board risk management institute, which is a part of NUS, and a director at DBS Bank (China).
Tan will relinquish his current appointments before his appointment to OCBC.
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Shares in OCBC closed 5 cents lower or 0.43% down at $11.60 on Sept 15.
Photo: Bloomberg
