Bank / Wealth / Trust

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OCBC Bank

Helen Wong leads OCBC, the Singaporean bank with S$581B in assets and a private-banking arm in Bank of Singapore that serves UHNW families across Asia.

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OCBC Bank

Discover a world of financial services with OCBC, the best trusted and established Singapore bank. Explore our range of banking solutions today.

General information

Firm type

Bank / Wealth / Trust

Year founded

1932

Location

Region

Asia

Country

Singapore

City

Singapore

Corporate office

Singapore, Singapore

Additional offices

Kuala Lumpur, Malaysia · Hong Kong · Shanghai, China · Jakarta, Indonesia · Sydney, Australia · London, United Kingdom

Principals

Helen Wong

Group Chief Executive Officer

Lee Hing Yang

Head of Global Markets

Sector focus

Real EstatePrivate CreditInfrastructureFinancial ServicesHealthcare ServicesEnterprise Software

Frequently asked questions

How does OCBC structure its asset management and private banking arms?

OCBC wholly owns Lion Global Investors, which runs traditional fund mandates, and Bank of Singapore, a dedicated private bank. Those units operate with independent management and separate balance sheets, though they draw on the parent's regional relationship networks for deal sourcing. This separation preserves the private bank's ability to offer open-architecture advice without captive-product pressure.

In which geographies does OCBC deploy its own balance sheet for private investments?

OCBC commits balance sheet to real estate lending, infrastructure credit, and corporate mezzanine deals through its Singapore, Malaysian, and Hong Kong subsidiaries. Its stake in Bank of Ningbo provides additional exposure to private-sector Chinese companies along the Yangtze River Delta, while the PT Bank Commonwealth acquisition extended onshore deployment into Indonesian local-currency assets.

Who makes the key investment decisions inside OCBC's principal finance activities?

Principal finance and strategic investments are governed by OCBC's Group Executive Committee, chaired by CEO Helen Wong, with allocations approved by the board-level risk committee. Day-to-day management of specific mandates is delegated to the respective entity heads — Bank of Singapore's investment committee for private clients and Lion Global's CIO for fund portfolios.

Is OCBC considered a stable counterparty for co-investments and GP commitments?

OCBC carries AA-rated deposit notes from multiple agencies and is one of Singapore's three systemically important banks, which implies deep regulatory oversight and conservative capital management. Its maintained dividend policy through credit cycles underscores the group's liquidity posture, though it invests primarily through wholly-owned vehicles rather than as an LP in third-party funds.

Which sectors does OCBC typically avoid in its direct investment activities?

OCBC has publicly excluded new thermal-coal mining and coal-fired power from its lending and investment policies, aligning with Singapore's Green Finance Industry Taskforce taxonomy. It also maintains a conservative posture toward jurisdictions under international sanctions, and its private-banking arm limits exposure to unregulated digital-asset vehicles.

How is OCBC's wealth-management arm related to the Lee family's historical stake?

The Lee family, through the Lee Foundation and related entities, remains a long-term reference shareholder but does not appoint operating executives. Bank of Singapore serves external families and operates at arm's length from any single-family interests — a posture reinforced by the bank's separate Monetary Authority of Singapore licence.

Does OCBC offer family-office services beyond private-banking custody?

Bank of Singapore provides a family-office advisory desk covering trust formation, tax structuring, and philanthropic governance, predominantly for Asian UHNW families. Complementary operational services — fund administration, consolidated reporting, external-manager screening — are bundled through OCBC's integrated platform rather than a standalone multi-family-office brand.

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