OCBC has appointed Wang Ke as the CEO of OCBC Hong Kong, effective from December 15, 2023. This leadership change follows the retirement of Ms. Ivy Au-Yeung, the previous CEO of OCBC Hong Kong, who stepped down on December 31, 2023.
Mr. Wang Ke, who assumed the role of Head of Greater China on November 1, 2023, will now also serve as the CEO of OCBC Hong Kong. The Greater China region encompasses OCBC's banking subsidiaries in Hong Kong SAR, Mainland China, and Macau SAR. Mr. Ang Eng Siong, the CEO of OCBC China, and Mr. Kelvin Lou, CEO of OCBC Macau, will both report to Mr. Wang. This unified leadership structure aims to enhance OCBC's capabilities in the region, facilitating the management of trade, investment, and wealth movements between Greater China and ASEAN.
Before being appointed as the Head of Greater China and CEO of OCBC Hong Kong, Mr. Wang served as the CEO of OCBC Wing Hang China from December 2019 to October 2023. Following regulatory approval on November 24, 2023, OCBC Wing Hang China was rebranded as OCBC China. Mr. Wang joined the OCBC Group in 2012 as the Head of IT in China, later expanding his responsibilities to include operations in 2014. He took on the role of Head of Pearl River Delta region in 2017 and became the CEO of OCBC Wing Hang China in 2019. During his tenure, Mr. Wang played a key role in enhancing critical technology infrastructure, including the establishment of a new data center and the successful implementation of the China Core Banking System within a short timeframe of 14 months.
Mr. Wang demonstrated adept leadership in steering the business through the challenges posed by the COVID-19 pandemic. Under his guidance, OCBC Wing Hang China's profit more than doubled since 2019. As a highly respected leader, Mr. Wang successfully built a robust team and maintained high employee morale during the challenging COVID-19 situation. Despite the difficult market conditions, OCBC China, under Mr. Wang's leadership, expanded its geographical coverage in the fourth quarter of the previous year by opening a branch in Wuhan, the largest city in Central China.