OCBC has appointed Tan Teck Long as its next Group CEO, effective 1 January 2026. He will succeed Helen Wong, who will retire on 31 December 2025.
As part of the transition, Tan will assume the additional role of Deputy CEO with immediate effect while continuing to lead Global Wholesale Banking.
Wong joined OCBC in 2020 and became Group CEO the following year. She had informed the board last year of her decision to retire for family reasons.
After stepping down, she will remain Chairman of OCBC China and a director of OCBC Hong Kong.
Tan has chaired OCBC’s Strategic Resilience Group since May 2025, focusing on strengthening the bank’s long-term positioning and identifying new growth opportunities.
He also serves on the boards of Bank of Ningbo and Maxwealth Fund Management Company in China.
Before joining OCBC in 2022, Tan was Group Chief Risk Officer at DBS Bank and held senior roles in corporate banking and risk management.
Under his leadership, OCBC’s Global Wholesale Banking division recorded a compound annual growth rate of about 20% in total income and 25% in net profit.
He drove growth by capitalising on Greater China–ASEAN flows and strengthening sector coverage in areas such as technology, media and telecommunications.
OCBC Hong Kong rose to third place in the city’s syndicated loans league table, while the bank topped Singapore’s local currency bond rankings in 2024.
Tan also introduced sustainability targets for six sectors and restructured credit and asset-liability frameworks.
Over 90% of SME onboarding in Singapore and Malaysia is now fully digital.
Chairman Andrew Lee said the board conducted a global search before selecting Tan, citing his strong leadership and alignment with the group’s long-term strategy.
He added that Tan would continue to drive OCBC’s “One Group” approach across its diversified financial services businesses.
Tan said,
“Helen has laid down a firm foundation and I will be privileged to build on that. In many respects, a new season has begun for the world economy but the One OCBC Group approach Helen has led us in championing will remain strategically critical to capturing opportunities amid expanding ASEAN-Greater China connectivity.
We are already differentiated from our peers in Asia as a diversified financial services group. We will now double down on pursuing strong sustainable growth, innovation and people development as we fulfil our purpose of enabling people and communities to realise their aspirations.”
Wong led OCBC through three consecutive years of record profits. Since 2021, banking net profit grew at a compound annual rate of 15%, wealth management income by 13%, and profit from Great Eastern by 34%.
She oversaw the integration of Bank Commonwealth into OCBC Indonesia and raised the group’s stake in Great Eastern to 93.72% in 2024.
In February 2025, she announced a S$2.5 billion capital return plan involving dividends and share buybacks.
Wong said,
“I am very pleased to hand the baton over to Teck Long. His bold leadership style, immense sense of responsibility and vision coupled with grit will steer OCBC confidently into the future. The synergies of our unique banking, wealth management, insurance and asset management franchise will be further maximised under Teck Long’s leadership.”
