Samuel Tsien

DBS CEO Piyush Gupta saw the biggest pay cut totalling $2.9 mil, while UOB CEO Wee Ee Cheong saw the smallest at $0.95 mil.

Tsien will also be stepping down from his role as chairman of the Association of Banks in Singapore in April.

Wong will be the bank’s first female CEO, and the first woman to head a Singapore bank.

Lai will report directly to OCBC Bank’s group CEO Samuel Tsien.

SINGAPORE (Nov 26): Samuel Tsien, in his eighth year as chief executive officer at Oversea-Chinese Banking Corp, signalled he favours internal candidates over external ones to succeed him when the time comes.

SINGAPORE (Apr 22): Oversea-Chinese Banking Corp, Southeast Asia’s second-largest lender, says two Vietnamese coal-fired power plants it finances will be its last as it increases funding for renewable projects.

HONGKONG (June 19): Oversea-Chinese Banking Corp is aiming to double profit before tax contributions from its business in China’s Greater Bay Area to $1 billion by 2023, its CEO Samuel Tsien told reporters at a press conference in Hong Kong on June 14.

SINGAPORE (Apr 23): OCBC Bank has appointed Dennis Hong (pictured) as the new Managing Director of its wholly-owned brokerage subsidiary, OCBC Securities, from May 1.

Main image, left to right: OCBC Bank’s Group CEO Samuel Tsien, Bank of Shanghai Chairman Jin Yu and CEO of Banco Santander Asia Pacific, Antony Hung

SINGAPORE (July 27): Oversea-Chinese Banking Corp reported a sterling set of results, with net profit up 11% q-o-q and 22% y-o-y to a record $1.08 billion.