3C Holdings expands operations in Singapore as OCBC appoints new Head of Corporate Banking
HONG KONG - OCBC (Oversea Chinese Banking Corporation) has recently appointed Mr. Seth Tan as their new Head of Corporate Banking for OCBC China.
- (1888PressRelease) April 23, 2024 - Mr. Seth Tan assumed his new position earlier this year on 15th January 2024 and this role was previously held by Mr. Ang Eng Siong, who has since been appointed as Chief Executive Officer of OCBC China.
3C Holdings, a strategic consultancy partner for OCBC congratulates OCBC for appointment of their new Head of Corporate Banking. An ally for OCBC's operations in Hong Kong, 3C Holdings' role will further expand to the Singaporean market, culmination with the appointment of Mr. Seth Tan.
Mr. Tan will be based in Shanghai and will be responsible for all banking relationships with state-owned enterprises and large corporates across the Chinese market. He will report to Ms. Elaine Lam, Head of Global Corporate Banking, OCBC, and Mr. Ang Eng Siong, Chief Executive Officer of OCBC China.
Mr. Tan brings to OCBC over 27 years of banking experience. He joins the Bank from Sumitomo Mitsui Banking Corporation where he was the Co- Head of Structured Finance Asia. Prior to that, Mr. Tan was the Founding Head of Infrastructure Asia when it was established in 2018. The agency, set up by Enterprise Singapore and the Monetary Authority of Singapore, facilitates infrastructure offerings from companies and financial institutions based in Singapore and the region to support Asia’s social and economic growth.
Mr. Tan was based in Greater China from 2009 to 2018 where he held several senior positions in DBS, BNP Paribas, Standard Bank and Babcock & Brown.
OCBC China’s Chief Executive Officer, Mr. Ang Eng Siong said, “As we double down on our strategy to capture the trade and investment flows between Greater China and ASEAN, I have confidence that Seth’s deep experience across Greater China, as well as his expertise in project financing, export financing and real estate and infrastructure, will be of great value to OCBC China and the Group.”
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