CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee have maintained “add” on Oversea-Chinese Banking Corporation (OCBC) with an unchanged target price of $12.52 on Jan 9, following the news that the bank will be welcoming a new group CEO on April 15.
OCBC Bank made the announcement on Jan 8 that Wong, who will be the bank’s first female CEO, will replace outgoing CEO Samuel Tsien, who will be retiring on April 15.
