Singapore, 22 January 2024 – OCBC has appointed Mr Seth Tan (陈庆辉 先生) as the Head of Corporate Banking for OCBC China (华侨银行中国 企业银行部总经理) with effect from 15 January 2024. This role was previously held by Mr Ang Eng Siong (洪湧翔先生), who was appointed CEO of OCBC China (华侨银行中国首席 执行官) on 1 November 2023.

Mr Tan will be based in Shanghai and will be responsible for all banking relationships with state-owned enterprises and large corporates across the China market. He will report to Ms Elaine Lam (蓝淑燕女士), Head of Global Corporate Banking (华侨银行环 球企业银行业务总裁), OCBC, and Mr Ang Eng Siong, CEO of OCBC China.

Mr Tan brings to OCBC over 27 years of banking experience. He joins the Bank from Sumitomo Mitsui Banking Corporation where he was the Co- Head of Structured Finance Asia. Prior to that, Mr Tan was the Founding Head of Infrastructure Asia when it was established in 2018. The agency, set up by Enterprise Singapore and the Monetary Authority of Singapore, facilitates infrastructure offerings from companies and financial institutions based in Singapore and the region to support Asia’s social and economic growth.

Mr Tan was based in Greater China from 2009 to 2018 where he held several senior positions in DBS, BNP Paribas, Standard Bank and Babcock & Brown.

OCBC China CEO Mr Ang Eng Siong said, “As we double down on our strategy to capture the trade and investment flows between Greater China and ASEAN, I have confidence that Seth’s deep experience across Greater China, as well as his expertise in project financing, export financing and real estate and infrastructure, will be of great value to OCBC China and the Group.”