OCBC Bank has appointed Elaine Lam Su Yen as its new head of global corporate banking following her predecessor George Lee`s retirement after 16 years with the bank.
"In this new role, Ms Lam is responsible for OCBC Bank`s corporate banking business which includes wholesale corporate marketing, China business office, real estate, global commodities finance as well as the bank`s corporate banking business in all overseas offices, with effect from 15 April 2016," OCBC said in a release dated Sept 26.
Ms Lam, 44, has more than two decades of experience in corporate banking. She joined OCBC 15 years ago as a relationship manager.
In June 2005, she was appointed co-head of wholesale corporate marketing and one year later became head of wholesale corporate banking, a position she held for nine years.
"In her previous capacity as head of wholesale corporate marketing, she was instrumental in deepening OCBC Bank`s corporate banking customer franchise and led the team to consistently deliver strong results," said OCBC.
In 2011, she spearheaded the set-up of the regional structured/project finance business to capitalise on the growing opportunities in utilities and infrastructure finance in the region. Ms Lam also set up OCBC`s China office business in 2012, which positioned the bank to capture the increasing flows from China into Singapore and the region.
Mr Lee, 63, was appointed head of global corporate banking in February 2012. He had joined the bank in July 1999 as head of capital markets.
OCBC Bank`s group CEO Samuel Tsien said: "He is not leaving the OCBC family yet as he has been serving as an adviser to OCBC Malaysia. By sharing his wealth of corporate and investment banking experience and providing counsel to our business operations in Malaysia, George will help us further deepen our presence in this key market."
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