Bank of Singapore hires former Credit Suisse exec as Greater China COO
Bank of Singapore (BoS) has appointed former Credit Suisse exec Ronnie Cheung as its new chief operating officer (COO) of Greater China, effective 19 March.
Ronnie Cheung joins Bank of Singapore as COO of Greater China
Operating as the private banking subsidiary of Oversea-Chinese Banking Corporation (OCBC) since its $1.46 billion acquisition from ING Group in 2009, BoS says it has tasked Cheung with heading operations and governance for its Hong Kong branch, which is headed by chief executive Cindy Wong, and helping to drive the company’s expansion across Greater China.
She will also be responsible for “spearheading transformation efforts and the execution of key strategic initiatives in the region”, according to the bank’s latest statement.
Cheung will leverage two decades of industry experience in her new role. She joins the firm from Credit Suisse, where she has been serving as COO of Hong Kong since mid-2021.
Her appointment comes amid a restructuring of the branch’s leadership following the appointments of Rickie Chan, also formerly of Credit Suisse, as head of private banking, and Teresa Lee as vice chair of Greater China, which both took effect last month.
