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OCBC Bank Appoints New Group Chief Financial Officer

OCBC Bank Appoints New Group Chief Financial Officer

  • 10 Oct 2022

OCBC Bank today announced the appointment of Ms Goh Chin Yee (吴静儀), currently the Head of Group Audit, as the Group Chief Financial Officer to succeed Mr Darren Tan who has opted for early retirement. The new appointment takes effect from 1 November 2022. Ms Goh who is already a member of the Management Committee will also be appointed a member of the Management Executive Committee.

Ms Goh joined OCBC Bank as a management trainee, rising through the ranks across many divisions, including corporate planning, investment research, asset management, finance, risk management and global treasury. Ms Goh was responsible for the successful Basel II implementation for credit risk-weighted assets solution, credit economic capital model and Pillar 2 Internal Capital Adequacy Assessment Process across the OCBC Group. In managing the Internal Capital Adequacy Assessment Process, she led the development of a framework for risk appetite setting, with further drill-down into operating risk limits to ensure that risk-taking was aligned with risk appetites. Ms Goh also led the global Management Information Services project to provide risk-adjusted performance measurements across business and customer segments, products and geographies to enhance decision-making for performance and capital management.

Ms Goh was appointed Head of Group Audit in 2013. Under her leadership, the audit function has been transformed in the way it is conducted across the Group, using data analytics, machine learning technology and robotic process automation for enhanced risk insights, audit effectiveness and efficiency.

Ms Goh graduated from National University of Singapore in Engineering with First Class Honours. She holds the professional qualifications of Chartered Financial Analyst, Certification in Risk Management Assurance and Certified Internal Auditor.

Mr Darren Tan was appointed Chief Financial Officer of OCBC Bank in 2011. In 2014, he led the successful acquisition of Wing Hang Bank in Hong Kong, a significant milestone for the Bank’s expansion strategy into Greater China.

Ms Helen Wong, Group CEO of OCBC Bank, welcomes Ms Goh to the Management Executive Committee and extends the Bank’s appreciation to Mr Tan: “Chin Yee’s appointment reflects OCBC’s strong internal talent base for succession planning. Chin Yee is highly regarded as a strong leader with an innovative and forward-looking mind. Throughout her different roles in OCBC, Chin Yee has always pushed for greater heights in achieving excellence and differentiation. The management executive committee will undoubtedly benefit from Chin Yee’s deep institutional knowledge and broad exposure across many disciplines.

We want to thank Darren for his contribution to the Group over the past 11 years as the CFO. He led several successful strategic acquisitions which have added both scope and scale to the OCBC franchise.”

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