In a move that left even well-placed investment bankers somewhat stunned, highly-successful bank chief, Alex Au has resigned as CEO of OCBC Bank.
Au says he will return to his native Hong Kong, where his family still resides.
I have thoroughly enjoyed my time in Singapore, says Au and have been privileged to work with an excellent team of colleagues to drive the progress of OCBC Bank. This culminated recently with the successful acquisition of Keppel Capital Holdings, which ranks as one of the highlights of my 32-year career in banking.
On the subject of the latter, and with what might most charitably be called 'uncanny' timing, FinanceAsia's October issue out today features...