He is currently also serving as a director of Ningbo Bank and Yongying Fund Management Company, which are related to OCBC Bank.
Li Guoqing, chairman of OCBC Bank, said: "The board of directors reluctantly accepted Huang Bijuan's retirement decision and thanked her for agreeing to continue to provide strategic guidance for OCBC Bank's China and Hong Kong business after retirement."
Huang Bijuan joined OCBC Bank in February 2020 and became the president of the group in April 2021. Last year, she expressed her willingness to retire due to family factors.
Huang Bijuan, president of OCBC Group, will retire by the end of this year. Chen Delong, the current president of Global Corporate and Investment Banking, will take over this position and will take office on January 1 next year.
OCBC announced the news after the market closed on Friday (July 11). During the next six months of transition, Chen Delong will serve as the group's vice president to assist in the smooth handover. After retirement, Huang Bijuan will continue to serve as chairman of the board of directors of OCBC China and a member of the board of directors of OCBC Hong Kong.
Chen Delong was appointed President of Global Corporate and Investment Banking in March 2022, responsible for maintaining global banking relations with small and medium-sized enterprises, large enterprises and financial institutions, as well as global transaction banking and investment banking.
OCBC Bank closed at 16.89 yuan on Friday, up 0.9%.