OCBC Malaysia Appoints Veteran Banker Tan Chor Sen as New CEO

OCBC Malaysia Appoints Veteran Banker Tan Chor Sen as New CEO

by November 28, 2022

OCBC Malaysia has appointed Tan Chor Sen as its CEO with effect from 1 January 2023 to succeed Dato’ Ong Eng Bin who will stay on as an adviser after his retirement.

Tan Chor Sen

Tan Chor Sen

Tan 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 small and medium-sized enterprises (SME) and mid-cap companies in the region.

He led the formation of the Emerging Business unit and was instrumental in expanding the SME business regionally in Malaysia, Indonesia and Hong Kong.

The Malaysian team successfully launched the SME cash business and digital account opening for businesses.

Tan has also actively led the bank’s strategic thrust in capturing the cross-border trade and investment flows within ASEAN and with Greater China.

He extended the market coverage by developing onshore and offshore financing opportunities.

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

Tan Ngiap Joo

Tan Ngiap Joo

Tan Ngiap Joo, Chairman of OCBC Malaysia said,

“Chor Sen has a solid track record with the OCBC Group. Not only has Chor Sen built strong businesses, he has also built 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.

 

We would like to thank Eng Bin for his 35 years of dedicated service to OCBC Malaysia. OCBC Malaysia is in a strong position today. The team will continue to benefit from Eng Bin’s experience and knowledge as he stays on as an adviser.”