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Cheong Choong Kong to retire as OCBC Bank chairman

Post will go to former deputy governor of Bank Negara Malaysia

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Published Fri, Jul 18, 2014 · 10:00 PM

Singapore

OCBC Bank's Cheong Choong Kong is retiring as chairman of the Singapore banking group on Aug 31, after helming its board for 11 years.

Dr Cheong, 73, will be succeeded on Sept 1 by Malaysian Ooi Sang Kuang, a 66-year-old former deputy governor of Bank Negara Malaysia (BNM) and currently OCBC's non-executive lead independent director.

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