OCBC appoints ex-SMBC bankers as new China corporate banking head

Seth Tan brings over 27 years of experience into the role.

OCBC has named Seth Tan as its new head of corporate banking for OCBC China, effective 15 January.

The role was formerly held by Ang Eng Siong, who was appointed CEO of OCBC China on 1 November 2023.

Tan will be based in Shanghai, and will be responsible for all banking relationships with state-owned enterprises and large corporations across the China market. He reports to Elaine Lam, head of Global Corporate Banking , OCBC; and to Ang.

Tan brings over 27 years of banking experience in his new role. He joins from Sumitomo Mitsui Banking Corporation, where he was the co-head of Structured Finance Asia. 

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Tan was the founding head of Infrastructure Asia when it was established in 2018. The agency, set up by Enterprise Singapore and the Monetary Authority of Singapore, facilitates infrastructure offerings from companies and financial institutions based in Singapore and the region to support Asia’s social and economic growth.  

He has also served several senior positions in DBS, BNP Paribas, Standard Bank, and Babcock & Brown.