- POSTED: 01 Aug 2014 20:06
Mr Na Wu Beng's appointment takes effect on August 18. He has been with OCBC for 24 years, and will be able to "quickly bring Wing Hang into the OCBC family", said OCBC Group CEO Samuel Tsien.
SINGAPORE: Banking veteran Na Wu Beng has been appointed Wing Hang Bank’s new CEO, with effect from Aug 18. This was announced in a release issued on Friday (Aug 1).
Current CEO and Chairman Patrick Fung will relinquish his Chief Executive role, but will remain the bank’s Non-Executive Chairman.
Wing Hang Bank became a subsidiary of OCBC Bank on July 15. Mr Na, 58, joined OCBC Bank in 1990 as the General Manager of OCBC Bank’s Hong Kong branches. He has headed the bank’s operations in North Asia and its international banking division, and was for 10 years the Deputy President Director of Bank OCBC NISP, OCBC Bank’s banking subsidiary in Indonesia.
Commenting on Mr Na’s appointment, Mr Samuel Tsien, Group CEO of OCBC Bank, said: “Having spent more than 24 years with the OCBC Group, he fully understands OCBC’s operations, businesses and people. More importantly, Wu Beng embodies the OCBC culture and corporate values. I am therefore confident that Wu Beng will be able to quickly bring Wing Hang into the OCBC family, working with the teams in both organisations to create and realise synergistic value.”