OCBC Appoints Group COO
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OCBC has appointed a new group chief operating officer in an effort to drive and accelerate transformation at the Singapore-based bank.
Lim Khiang Tong has been named group COO – a newly created role – according to a statement, effective June 21 this year. Lim will report to recently appointed group chief executive Helen Wong.
Lim has 30 years of management experience in strategic tech development, information technology, process reengineering, project management, and banking operations. He joined OCBC’s IT management team in 2000 before being appointed to lead the unit in 2002. In 2007, he was named head of group IT and in 2010, he assumed the role of head of group operations and technology.
Lim will take on the expanded role in an effort to «optimize and intensify» investments across tech, product processes, and people.
Lim has been instrumental in building our operational and technology capabilities and in driving our digital transformation efforts, Wong said. He is highly regarded by colleagues, business partners and industry peers. It is only fitting that he assumes this new role.
Lim has already made various efforts to bolster the bank’s tech capabilities including the development of the first technology command center monitoring and managing both cybersecurity and daily operations – the OCBC Regional Data Center.
Questions & Answers
Q.What is the primary objective of appointing a Group COO at OCBC?
What is the primary objective of appointing a Group COO at OCBC?
The appointment of Lim Khiang Tong as Group COO is an effort to drive and accelerate transformation at the Singapore-based bank. He will also optimise and intensify investments across tech, product processes, and people.
Q.Who will Lim Khiang Tong report to in his new role as Group COO?
Who will Lim Khiang Tong report to in his new role as Group COO?
Lim Khiang Tong will report to the recently appointed group chief executive, Helen Wong. This reporting structure is effective from June 21 this year, when his new role begins.
Q.What previous roles did Lim Khiang Tong hold at OCBC before this appointment?
What previous roles did Lim Khiang Tong hold at OCBC before this appointment?
Lim joined OCBC's IT management team in 2000, led the unit from 2002, became head of group IT in 2007, and head of group operations and technology in 2010. He has built the bank's operational and technology capabilities.
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