People: Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

29 Oct 2020
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Tsien, Nag 

Mr. Nag Tsien is Group Chief Executive Officer, Executive Non - Independent Director of Oversea-Chinese Banking Corporation Ltd. Mr Tsien was first appointed to the Board on 13 February 2014 and last re-elected as a Director on 28 April 2017. He was appointed Group Chief Executive Officer on 15 April 2012. He joined OCBC Bank in July 2007 as Senior Executive Vice President, managing the Group’s corporate and commercial banking business. In 2008, he assumed the position as Global Head of Global Corporate Bank with added responsibilities of overseeing the financial institution and transaction banking businesses. He has 41 years of banking experience. Prior to joining OCBC Bank, he was the President and Chief Executive Officer of China Construction Bank (Asia) when China Construction Bank acquired Bank of America (Asia). From 1995 to 2006, he was President and Chief Executive Officer of Bank of America (Asia), and Asia Consumer and Commercial Banking Group Executive of Bank of America Corporation. Mr Tsien will be seeking re-election at the Bank’s 2019 Annual General Meeting. Please refer to the footnote at the end of this section for additional information required under Rule 720(6) of the Listing Manual. He holds Bachelor of Arts with Honours in Economics, University of California, Los Angeles.

Basic Compensation

Total Annual Compensation, SGD 7,185,560
Restricted Stock Award, SGD 3,894,000
Long-Term Incentive Plans, SGD --
All Other, SGD --
Fiscal Year Total, SGD 11,079,600

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --