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Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong

The lender aims to drive collaboration across its three main business pillars of banking, wealth management and insurance, under its ‘one group’ approach

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Tan Nai Lun

Tan Nai Lun

Published Wed, Feb 26, 2025 · 02:00 PM
    • Helen Wong says: “We know a balanced portfolio can help us to overcome, in particular, the uncertainty and the volatility in the market over the next decade.”
    • Helen Wong says: “We know a balanced portfolio can help us to overcome, in particular, the uncertainty and the volatility in the market over the next decade.” PHOTO: BLOOMBERG

    THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for the bank to work closer with the insurer, said OCBC chief executive Helen Wong.

    Wong, speaking at the lender’s fourth-quarter results briefing on Wednesday (Feb 26), said the offer to take Great Eastern private last May was a “natural progression” in its strategy.

    OCBC has aimed to drive collaboration across its three main business pillars of banking, wealth management and insurance, under its “one group” strategy.

    Great EasternOCBCHelen WongPrivatisationM&AInsurance

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