Change - Announcement of Cessation::Announcement of Cessation of Non-Executive and Independent 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
30-Dec-2022 17:16:43
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive and Independent Director
Announcement Reference
SG221230OTHR2GK2
Submitted By (Co./ Ind. Name)
Peter Yeoh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive and Independent Director

Additional Details

Name Of Person
Wee Joo Yeow
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2023
Detailed Reason (s) for cessation
Mr Wee Joo Yeow is stepping down after having served 9 years.
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
02/01/2014
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
Non-executive and Independent Director
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
89,627 (direct interest) and 4,892 (deemed interest) OCBC ordinary shares
Other Directorships
Past (for the last 5 years)
Mapletree Industrial Trust Management Ltd
OCBC Management Services Private Limited
PACC Offshore Services Holdings Ltd
Present
Frasers Property Ltd
Great Eastern Holdings Limited
Thai Beverage Public Company Ltd
WJY Holdings Pte Ltd
WTT Investments Pte Ltd