OCBC Integrates Securities Businesses into Global Markets Across Singapore, Hong Kong, Indonesia by July 2025

OCBC is consolidating its securities businesses in Singapore, Hong Kong, and Indonesia into its Global Markets division effective July 1, 2025, aiming to better serve high-net-worth and institutional clients. This integration will unify entities such as OCBC Securities Pte Ltd, OCBC Securities Brokerage (Hong Kong), and PT OCBC Sekuritas under one division, enhancing the bank's ability to offer holistic wealth propositions and strengthen institutional-grade capabilities. Kenneth Lai, Head of Global Markets, will oversee the enlarged division and serve as Chairman of OSPL, with Wilson He remaining as Managing Director. The move allows OCBC to combine equities with its FX, rates, and credit desks for comprehensive market product oversight, supporting stronger primary equity markets origination and catering to a broader client base including corporates, hedge funds, and family offices. Retail clients will experience no disruption as existing staff and digital platforms remain unchanged, with OCBC planning to expand its team to capitalize on growing equity market interest in Asia, particularly in Singapore, Hong Kong, and Indonesia. The integration reflects OCBC's strategy to leverage its securities capabilities to unlock further growth opportunities in Asia's equity markets.