OCBC’s **Helen Wong** to Step Down; **Tan Teck Long** Named Successor

After expressing her desire to retire for family considerations, Oversea-Chinese Banking Corporation (OCBC) group CEO **Helen Wong** will leave her position at the end of the year, prompting a transition at the helm of Singapore’s second-largest bank.

New Leadership Transition

**Tan Teck Long**, currently the head of global wholesale banking at OCBC, will succeed **Helen Wong** as group CEO, effective January 1, 2026. To ensure a seamless handover, **Mr. Tan** will immediately take on the additional role of deputy CEO.

According to the Monetary Authority of Singapore, the Singapore banking sector remains robust, with banks’ capital adequacy ratios well above regulatory requirements, indicating a stable environment for this leadership change (MAS 2023).

**Ms. Wong**, 64, will continue to contribute to OCBC as the chairman of OCBC China and a director of OCBC Hong Kong, both key strategic subsidiaries.

“The Board reluctantly accepted **Helen’s** request to retire to spend more time with her family. We thank her for agreeing to stay on to continue providing stewardship as Chair of our China Board and a director of the Hong Kong Board, given her vast experience and deep knowledge of Greater China,”

—Andrew Lee, Chairman of OCBC Group’s board of directors

A Trailblazing Tenure

**Helen Wong** made history as the first woman to lead a Singaporean bank upon her appointment. She initially joined OCBC in February 2020 as deputy president and head of global wholesale banking before assuming the role of group CEO in April 2021.

**Tan Teck Long**’s Appointment

The selection of **Mr. Tan** followed what the bank described as a “rigorous global search.” **Mr. Lee** stated that the board “unanimously agreed” that **Tan** was the most qualified candidate.

**Mr. Tan**, 55, became part of OCBC in March 2022 and has led the bank’s Strategic Resilience Group since May. He also serves on the boards of Bank of Ningbo and Maxwealth Fund Management Company in China, both affiliated with OCBC.

“He has demonstrated sterling leadership that goes beyond growing the wholesale banking business; as chair of the OCBC Strategic Resilience Group, he has shown the ability to zero in on the critical issues, be forward-thinking and act decisively,”

—Andrew Lee

Since the beginning of 2025, **Ms. Wong** has been spending more time in Hong Kong, where her family resides, signaling her eventual departure to the board.