Oversea-Chinese Banking Corporation (OCBC Bank) has appointed Ong Eng Bin, as CEO of OCBC Bank (Malaysia) with effect from August 8 2014. Prior to this appointment, he was OCBC Malaysia’s head of business banking. Ong succeeds Jeffrey Chew, who left the bank on June 30.
Ong joined OCBC Malaysia as a management trainee in 1988. In the early 1990s, he headed the credit and marketing function of a branch before joining the corporate banking division.
In 2012, he was appointed head of business banking, which comprises corporate and commercial, emerging business and transaction banking. Under his leadership, the division accounted for 55% of OCBC Malaysia’s revenues and 65% of its pre-tax profits in 2013.