Change - Announcement of Cessation::Announcement of Cessation of Head of Global Treasury

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Securities
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jul-2020 17:22:21
Status
New
Announcement Sub Title
Announcement of Cessation of Head of Global Treasury
Announcement Reference
SG200709OTHR37HO
Submitted By (Co./ Ind. Name)
Sherri Liew
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Head of Global Treasury

Additional Details

Name Of Person
Lam Kun Kin
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2020
Detailed Reason (s) for cessation
Please see attached media release.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
08/01/2007
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Head of Global Treasury
Role and responsibilities
As Head of Global Treasury, Mr Lam is responsible for the Bank's financial market businesses and asset liability management in Singapore, Malaysia, Indonesia, Hong Kong, China and seven other overseas centres.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
652,183 OCBC Ordinary Shares
1,924,077 shares entitled to acquire under various employee share schemes
Past (for the last 5 years)
Nil
Present
AVIC Trust Co. Ltd, Director
Bank of Singapore Limited, Director
OCBC Securities Pte Ltd, Director
Reach Community Services, Director
Great Eastern Group, Member of Asset Liability cum Investment Committee
Singapore Foreign Exchange Market Committee, Co-Chairman
SFEMC, Chair of Enhanced SIBOR Committee
GIC Pte Ltd, Member of Board Risk Committee
Association of Banks in Singapore, Chair of Financial Market Committee
ABS Benchmarks Administration Co. Pte Ltd, Member of Oversight Committee
MAS Steering Committee for SGD Swap Offer Rate ("SOR") Transition to Singapore Overnight Rate Average ("SORA"), Member
ACI Singapore The Financial Markets Association, Honorary Adviser

Attachments

OCBC_Bank_appoints_new_Head_of_Global_Treasury_9July2020.pdf
Total size =236K