Bank of Singapore hires former Credit Suisse exec as Greater China COO

Bank of Singapore Appoints Ronnie Cheung as COO for Greater China:

  1. New Appointment:
    • Bank of Singapore (BoS), the private banking subsidiary of Oversea-Chinese Banking Corporation (OCBC), has appointed Ronnie Cheung as the Chief Operating Officer (COO) for Greater China.
  2. Effective Date and Responsibilities:
    • Ronnie Cheung’s appointment is effective from 19 March.
    • As COO, she will lead operations and governance for BoS’s Hong Kong branch and contribute to the bank’s expansion efforts across Greater China.
    • Additionally, she will be responsible for driving transformation efforts and executing key strategic initiatives in the region.
  3. Background and Experience:
    • Ronnie Cheung joins BoS from Credit Suisse, where she served as COO of Hong Kong since mid-2021.
    • With two decades of industry experience, her role at BoS involves leveraging her expertise to enhance operational efficiency and contribute to strategic initiatives.
  4. Leadership Restructuring:
    • The appointment of Ronnie Cheung follows the recent restructuring of the leadership team at BoS’s Hong Kong branch, which includes the appointments of Rickie Chan as Head of Private Banking and Teresa Lee as Vice Chair of Greater China.
  5. BoS and OCBC:
    • Bank of Singapore has been operating as the private banking subsidiary of OCBC since its acquisition from ING Group in 2009.
    • The bank focuses on providing private banking and wealth management services.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

PayPal Ventures Leads $12 Million Funding Round in Klearly

Klearly secures significant investment to enhance its financial management platform.Highlights: PayPal Ventures leads a $12 million funding round...

PayPal Leads $12 Million Funding Round in Klearly

Klearly secures significant investment for innovative fintech solutions. Highlights:PayPal invests $12 million in fintech startup Klearly. Klearly aims...

What Is the GENIUS Act and Why It Matters for Stablecoins

The GENIUS Act represents the most significant U.S. regulatory development for stablecoins to date, bringing long-awaited legal clarity...

BNY Mellon Begins Tokenization of Bank Deposits to Innovate Financial Services

Exploring BNY Mellon's pioneering steps towards deposit tokenization.Highlights:BNY Mellon initiates a strategy for tokenizing bank deposits. The...