OCBC appoints new head of business banking

Samuel Tsien moves across from China Construction Bank after a 30-year career at the institution.
Singapore-based OCBC Bank has appointed Samuel Tsien as global head of business banking, replacing Tan Ngiap Joo who will step down later this month. Tan will stay on as a senior adviser of business banking until he retires at the end of this year.

Tsien was most recently president and chief executive officer of China Construction Bank (Asia), which was formerly known as Bank of America (Asia).

Tsien will be in charge of all the bankÆs corporate customer relationships in Singapore, Malaysia and other overseas locations. He will also be a senior executive vice president at the bank, reporting to David Conner, OCBCÆs chief executive officer.

ôSamÆs breadth of experience in corporate banking and extensive market knowledge of Asia will no doubt serve him well as our global head of business banking. I am confident Sam will be a valuable contributor as we expand our business globally,ö says Conner, in a written statement.

ôI am also pleased that Ngiap Joo will remain with us until the end of the year as our senior advisor for business banking. Ngiap Joo is one of SingaporeÆs most respected senior bankers, with more than 37 years of experience in financial services. His exceptional leadership and sharp business acumen has been a great asset to OCBC,ö he continues.

Tsien has spent more than 30 years with Bank of America, holding a range of management roles within corporate lending and risk management.
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