OCBC appoints Raymond Chee as Managing Director of OCBC Securities

Raymond Chee will take over starting 6 August.

In a release, Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) today announced the appointment of Mr Raymond Chee as the Managing Director of OCBC Securities with effect from 6 August 2012. He will take over from Mr Hui Yew Ping, who is leaving the company to pursue his personal interests.

Mr Raymond Chee, 41, has been the Head of Cash Management at OCBC Bank’s Global Transaction Banking since June 2010. He has – over the past 10 years – held various senior positions in Global Transaction Banking, including managing its fiduciary services business under OCBC Trustee Limited.

Mr Chee joined OCBC Bank as a relationship manager in corporate banking more than 17 years ago. In his last stint in transaction banking, Mr Chee led the successful completion of the first local RMB cross border trade settlement by a Singapore bank. Under his leadership, OCBC Bank has clinched several major cash management mandates from both the public and private sectors in Singapore. He has also led the team to win several industry awards, including Best SME Bank for Cash Management by The Asset.

Mr Ching Wei Hong, Chief Operating Officer of OCBC Bank, said: “The stockbroking business is an integral part of our wealth management platform. Under Yew Ping’s leadership over the past seven years, OCBC Securities has been transformed into a leading broker in Singapore that offers global trading capabilities in 14 stock exchanges, futures and leveraged foreign exchange contracts, multi-currency share financing and award-winning mobile trading platforms. The OCBC senior management team would like to thank Yew Ping for his many contributions, and wish him every success in his new endeavours.”