Working at the firm since starting as a management trainee, the new CFO takes the helm from a predecessor who was involved in a number of moves including expansion into mainland China.

OCBC Bank has appointed Goh Chin Yee as group chief financial officer, taking over from Darren Tan who has opted for early retirement. 

The new appointment takes effect from 1 November 2022. Goh, who is head of group audit and already a member of the management committee, will also be appointed as a member of the management executive committee.

Goh joined OCBC Bank as a management trainee, rising through the ranks across many divisions, including corporate planning, investment research, asset management, finance, risk management and global treasury. 

Head of group audit since 2013, Goh graduated from National University of Singapore in engineering with First Class Honours. She holds the professional qualifications of Chartered Financial Analyst, Certification in Risk Management Assurance and Certified Internal Auditor.

Darren Tan was appointed CFO of OCBC Bank in 2011. In 2014, he led its purchase of Wing Hang Bank in Hong Kong, pushing OCBC’s expansion into Greater China.

“Chin Yee’s appointment reflects OCBC’s strong internal talent base for succession planning. Chin Yee is highly regarded as a strong leader with an innovative and forward-looking mind,” Helen Wong, group CEO of OCBC Bank, said. “We want to thank Darren for his contribution to the Group over the past 11 years as the CFO. He led several successful strategic acquisitions which have added both scope and scale to the OCBC franchise.”

The OCBC group is the parent of Bank of Singapore, the private banking business.