OCBC Bank Malaysia appoints new CEO

KUALA LUMPUR, Nov 25 — OCBC Bank (Malaysia) Bhd has announced the appointment of Tan Chor Sen as its new chief executive officer (CEO) with effect from January 1, 2023, succeeding Datuk Ong Eng Bin who will be retiring.

OCBC Malaysia chairman Tan Ngiap Joo said Chor Sen has a solid track record with the OCBC group in which he has built strong businesses and also strong teams across the region.

“I am confident that Chor Sen will take the OCBC franchise in Malaysia to the next phase of growth and transformation,” he said in a statement.

The bank said Chor Sen’s deep knowledge of Asean and wide experience in connecting companies across the region will expand the OCBC Malaysia franchise beyond its long-established local businesses.

He was instrumental in expanding the small and medium enterprises (SME) business in Malaysia, Indonesia and Hong Kong, introducing new business models, digital solutions and service innovations tailored for this segment.

He has actively led the bank’s strategic thrust in capturing the cross-border trade and investment flows within Asean and Greater China.

Chor Sen has been with OCBC Bank in Singapore for more than 17 years and is a member of the management committee at the group level.

He is currently the head of international, Global Enterprise Banking in the OCBC Bank head office in Singapore, overseeing the growth of the cross-border flow businesses of SME and mid-cap companies in the region. — Bernama