OCBC picks Ong Eng Bin to helm Malaysian operations

Singapore

OCBC Bank yesterday appointed Ong Eng Bin as chief executive officer of OCBC Bank (Malaysia) Berhad with immediate effect.

He comes to the job from his post as OCBC Malaysia's head of business banking, which comprises corporate and commercial, emerging business and transaction banking.

Mr Ong, 51, takes over from Jeffrey Chew, who left the bank on June 30 to venture into a new industry; he has since joined the low-profile Bursa-listed property-and-education firm Paramount Corp Bhd as its group CEO. Mr Chew is reportedly a friend of Paramount's executive deputy chairman and major shareholder Teo Chiang…