Mr Tsien is an internal candidate having the right skills, qualifications and experience, to assume the post.
The Board of OCBC appoints Samuel Nag Tsien as Chief Executive Officer. His appointment was made following a search for a suitable candidate to replace the incumbent who will be retiring. The search conducted by the Nominating Committee, and assisted by search firms, covered both external and internal candidates, according to an OCBC report.
The Nominating Committee and Board, after due deliberation, assessed that Mr Tsien, an internal candidate, possess the appropriate skills, qualifications and experience, to assume the CEO position, to meet the needs of the organisation and achieve its strategic objectives.
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