DBS CRO Tan Teck Long to join OCBC as head of global wholesale banking

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.

See also: Analysts maintain 'buy' on OCBC following 1H21 results, see higher earnings and dividends ahead

See also: Singtel’s Optus appoints non-executive director John Arthur as chairman of the board

Tan comes with a wealth of experience including being the head of institutional bank China in DBS Bank from Sept 2011 to Jan 2016.

Besides the chief risk officer role at DBS, Tan is the chairman, CEO and director of The Islamic Bank of Asia.

See also: Institute of Policy Studies appoints Piyush Gupta as 17th S R Nathan Fellow for the Study of Singapore

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.

Shares in OCBC closed 5 cents lower or 0.43% down at $11.60 on Sept 15.

Photo: Bloomberg