At the same time, Chen Yunxiang, general manager of the Global Financial Institutions Department of OCBC Bank, who is currently reporting to Gao Tiliang, will join the leadership team of global corporate and investment banking business, and report to Chen Delong, president of global corporate and investment banking business, like Wang Yinxuan.
Observatory Bank announced on Tuesday (May 27) that Gao Tiliang joined OCBC Bank as head of international business in 2004 and played an important role in the bank's expansion of ASEAN and Greater China businesses. In 2008, he took up positions in leading the business of commercial banks and global financial institutions.
Their appointment will take effect on October 1.
Huang Bijuan, CEO of OCBC Group, thanked Gao Tiliang for his valuable contribution to OCBC Bank, and pointed out that he advocated the development of small and medium-sized enterprises, digital innovation and sustainable finance, and made outstanding contributions to the overall development of Singapore's banking industry. “His thought leadership and advocacy helped shape industry standards and inspire progress across the financial ecosystem.”
Chen Yunxiang joined OCBC Bank in 2005 and became the general manager of the Global Financial Institutions Department in 2021, playing a key role in reforming this business.
OCBC (OCBC) announced leadership changes in global corporate and investment banking businesses to consolidate leadership and drive growth in the next phase. Wang Yinxuan, the current chief strategy and transformation officer of the group, will serve as president of Global Commercial Banking and replace the current president Gao Tiliang. Gao Yiliang will retire at the end of September.
Wang Yinxuan joined OCBC in April 2024 and became the group's chief strategy and transformation officer in November last year. She was formerly the deputy CEO and CEO of retail business of Fairprice Group, and also served at Standard Chartered for 15 years.
Under his leadership, OCBC has developed into one of the most respected and innovative banks in the commercial banking sector in Singapore, Malaysia, Hong Kong and Indonesia. In addition, over the past three years (2022-2024), the operating profit of the Global Financial Institutions business has achieved strong growth of nearly 40%.