OCBC has announced the appointment of Mr. Tan Teck Long as its new Group Chief Executive Officer, effective January 1, 2026. Mr. Tan will succeed Ms. Helen Wong, who is set to retire on December 31, 2025. Currently serving as Head of Global Wholesale Banking since March 2022, Mr. Tan will immediately take on the additional role of Deputy CEO during the transition period.
Ms. Wong will continue her involvement with OCBC post-retirement as Chairman of OCBC China and a director of OCBC Hong Kong. She joined OCBC in February 2020 and became Group CEO in April 2021.
Mr. Andrew Lee, Chairman of OCBC Group’s Board of Directors, stated: “The Board reluctantly accepted Helen’s request to retire to spend more time with her family.” He expressed gratitude for her continued stewardship roles in China and Hong Kong.
Mr. Tan's appointment reflects OCBC's focus on succession planning and talent management. Mr. Lee commented: “After a rigorous global search, the Board unanimously agreed that Teck Long was the best candidate to take the helm.”
Under Mr. Tan's leadership, the Global Wholesale Banking division saw significant growth in total income and net profit over three years. His efforts included establishing TMT industry specialist teams in China and Singapore and growing syndicated loans in Hong Kong.
On his upcoming role as Group CEO, Mr. Tan expressed gratitude to the Board and emphasized continuing OCBC's strategic approach: “Helen has laid down a firm foundation and I will be privileged to build on that.”
During Ms. Wong's tenure as Group CEO since April 2021, she achieved record profits for three consecutive years across banking, wealth management, and insurance sectors.
Expressing appreciation for Ms. Wong’s contributions, Mr. Lee noted: “She is handing over to Teck Long a very steady ship.” Ms. Wong reflected positively on her time at OCBC and welcomed Mr. Tan’s leadership.