Change - Announcement of Cessation::Announcement of Cessation of Executive Director

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
25-Mar-2021 17:26:49
Status
New
Announcement Sub Title
Announcement of Cessation of Executive Director
Announcement Reference
SG210325OTHRSMSL
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 Executive Director

Additional Details

Name Of Person
Samuel Nag Tsien
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
15/04/2021
Detailed Reason (s) for cessation
Retirement
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?
Yes
If Yes, Please provide full details
Mr Samuel Tsien will be appointed as Adviser to the Board of the Bank upon his retirement as Director.
Date of Appointment to current position
13/02/2014
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Member of Risk Management Committee
Role and responsibilities
Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
2,025,154 OCBC ordinary shares
5,515,683 shares entitled to acquire under various employee share schemes
Past (for the last 5 years)
Please see Annex 1
Present
Please see Annex 1

Attachments

SGX_announcement_Annex1.pdf
Total size =85K