Oversea-Chinese Banking Corporation OCBC announced the retirement of its chief financial officer Soon Tit Koon after nine years of service. He was brought back as CFO for the Singapore-based bank last year after a two-year hiatus. Darren Tan Siew Peng has been promoted to CFO and executive vice-president and assumed Soon’s responsibilities.
“Over the past nine years, Soon has been an invaluable member of OCBC’s senior management team,” said David Conner, chief executive of OCBC. “He is highly respected by our board of directors, management committee members and various other teams across the organisation for his wise counsel.”
Tan joined OCBC in 2007 as head...