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SIIA corporate member David Conner named Outstanding CEO of the Year [The Business Times, 8 Apr 2011]

Updated On: Apr 08, 2011

OCBC Bank chief executive David Conner was named Outstanding CEO of the Year for his role in building a successful wealth management business as well as growing OCBC into one of Asia's biggest and most profitable banks in the nine years since he joined.

After all, the proof is in the pudding.

As at Dec 31, 2010, total assets amounted to $229 billion versus $84 billion at the end of December 2002. In addition, for the financial year ended Dec 31, 2010, OCBC Bank reported a record net profit of about $2.25 billion - tripling the $667 million achieved in 2002.

Under Mr Conner's guidance, OCBC has also made a number of noteworthy acquisitions, including ING Asia Private Bank in 2009 (now Bank of Singapore) and also raised its stake in Bank of Ningbo.
But Mr Conner isn't ready to rest on his laurels.

'We're much bigger and stronger,' he said, adding, however, that there's still more to do.

Please click the attachment below to read the full excerpts.


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