OCBC Reshuffles Leadership to Drive New Growth Phase
Investor - People | May 27, 2025 | Oversea-Chinese Banking Corp L
Oversea-Chinese Banking Corp (OCBC) announced significant changes to its Global Wholesale Banking leadership, effective 1 October 2025, to strengthen its position in commercial banking and global financial institutions. Elaine Heng will succeed Linus Goh as Head of Global Commercial Banking upon his retirement on 30 September 2025. Heng, currently the Group Chief Strategy and Transformation Officer, and Tan Yuen Siang, Head of Global Financial Institutions Business, will report to Tan Teck Long, Head of Global Wholesale Banking. Under the leadership of Linus Goh, who joined OCBC in 2004, the bank significantly expanded across ASEAN and Greater China, focusing on digitalisation, ecosystems, sustainable finance, and internationalisation. Heng and Tan are expected to continue this legacy while implementing new strategies to embrace digital and sustainability goals in the region.
Sectors
- Banking
- Financial Services
Geography
- Singapore – OCBC is headquartered in Singapore and plays a substantial role in the country's banking sector.
- Greater China – OCBC has expanded its operations significantly in this region, as highlighted in the article.
- ASEAN – The regional expansion of OCBC into ASEAN highlights its strategic focus on promising markets in Southeast Asia.
Industry
- Banking – OCBC is involved in commercial and global financial institution banking, which are central to the financial services industry.
- Financial Services – This sector includes various services such as lending, investment, and risk management offered by financial institutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Oversea-Chinese Banking Corp (OCBC) | Primary Company | Company | OCBC is a leading bank in Asia offering a wide range of financial services, focusing on commercial and global financial institutions. |
| Elaine Heng | Head of Global Commercial Banking (Incoming) | Person | Elaine Heng will lead OCBC's commercial banking division and has a track record in strategic transformation. |
| Linus Goh | Head of Global Commercial Banking (Outgoing) | Person | Linus Goh played a pivotal role in the expansion of OCBC's banking operations over two decades. |
| Tan Yuen Siang | Global Financial Institutions Leader | Person | Tan Yuen Siang has been leading efforts in expanding strategic partnerships within the financial institutions business. |
| Tan Teck Long | Head of Global Wholesale Banking | Person | Leads the overall Global Wholesale Banking division at OCBC. |
| Helen Wong | Group CEO of OCBC | Person | Helen Wong oversees the strategic direction and overall management of OCBC. |