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Former HSBC Heavyweight Joins OCBC

By Sarah ChenSingapore
1 min read
ocbc
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In this article (5)

OCBC has hired former HSBC Greater China CEO to lead a new wholesale banking unit. OCBC has appointed former HSBC Greater China chief Helen Wong as deputy president and head of global wholesale banking, The veteran with 35 years of banking experience will take the role starting from 3 Feb, 2020.

Helen is widely regarded as a top female banker in Hong Kong with deep Greater China experience and extensive market knowledge, said OCBC group chief executive Samuel Tsien in a media statement on Wednesday.

Wong was appointed group general manager of HSBC Group in 2011 and her last position was chief executive of HSBC Greater China, based in Hong Kong. She had held various senior management positions in corporate and investment banking at HSBC, including president and chief executive of HSBC China and head of global banking (Hong Kong).

In her new role at OCBC, Wong will undertake global responsibilities for all banking relationships with small- and medium-sized enterprises, large corporations and financial institutions, two product groups – cash management and trade under the transaction banking business, as well as the investment banking business.

At the same time, Ching Wei Hong, currently the Bank’s Chief Operating Officer, will be re-designated as Deputy President, said the local lender.

This is to reflect his global responsibilities for the wealth management business, private banking under Bank of Singapore, affluent banking under OCBC Premier Banking and OCBC Premier Private Client and personal banking.

Questions & Answers

Q.

What specific areas will Helen Wong be responsible for in her new role?

A.

Helen Wong will be responsible for banking relationships with small- and medium-sized enterprises, large corporations, and financial institutions. She will also oversee cash management and trade under transaction banking, as well as the investment banking business.

Q.

When is Helen Wong expected to start her new position at OCBC?

A.

Helen Wong is expected to commence her role as deputy president and head of global wholesale banking at OCBC from 3 February 2020. This will mark her official start at the bank.

Q.

What was Helen Wong's previous role before joining OCBC?

A.

Prior to joining OCBC, Helen Wong served as the chief executive of HSBC Greater China, based in Hong Kong. She was appointed group general manager of HSBC Group in 2011.

Q.

How does Ching Wei Hong's new designation affect his responsibilities?

A.

Ching Wei Hong, previously Chief Operating Officer, will be re-designated as Deputy President. This change reflects his expanded global responsibilities for wealth management, private banking, affluent banking, and personal banking.

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