According to OCBC's press release on June 17, Lim, in his new role, will spearhead OCBC’s next phase of transformation. He will report to group CEO Helen Wong.
Lim will continue to oversee his existing portfolio of responsibilities including the operations and technology functions. He will also focus on intensifying the OCBC’s capability building and competency alignment in technology, data science and analytics and design.
Lim joined the bank’s IT management team in 2000. He was appointed head of IT management in January 2002, before subsequently being promoted to executive vice president and head of group information technology in December 2007.
In May 2010, he assumed the role of head of group operations & technology.
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Lim’s contributions to OCBC’s technology architecture and operations including the development of OCBC Regional Data Centre – the first purpose-built data centre to be owned by a Singapore-based bank.
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He was conferred the IBF Distinguished Fellow award in 2020 in the area of technology by the Institute of Banking and Finance Singapore (IBF).
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That same year, he was also named Digital Transformation Leader in Singapore by the International Data Corporation, a global market intelligence firm in information technology, in recognition of his role in accelerating the Bank’s digital transformation efforts.
Wong says the appointment will help OCBC intensify its investments in technologies, products, processes and people. “[Lim] has been instrumental in building our operational and technology capabilities and in driving our digital transformation efforts. He is highly regarded by colleagues, business partners and industry peers. It is only fitting that [he] assumes this new role,” she says.
Shares in OCBC closed 8 cents or 0.66% lower at $12.12 on June 17.
Photo: OCBC
