OCBC Malaysia appoints new chairman

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd has appointed Datuk Ooi Sang Kuang as the new chairman of OCBC Bank Bhd and its Islamic banking subsidiary, Al-Amin Bank Bhd.

In a statement today, the bank said Ooi, special advisor to Bank Negara from 2010 until his retirement in 2011, was also deputy Governor and a member of

the board of directors of the central bank from 2002 to 2010.

"He was appointed to the board of OCBC Bank in 2012 and became deputy chairman later in the same year," it said, adding Ooi is also chairman of national mortgage corporation Cagamas Bhd and its subsidiaries.