Posted inPeople Moves

BOS appoints new COO of Greater China, Hong Kong

The private banking arm of OCBC has tapped Credit Suisse for its new chief operating officer in the region.

Bank of Singapore today announced the appointment of Ms Ronnie Cheung as chief operating officer of Greater China, Hong Kong branch, with effect from 19 March 2024.

Based in Hong Kong, she will report locally to Cindy Wong, chief executive of the bank’s Hong Kong branch, and functionally to Jacky Ang, global chief operating officer.

In her role, Cheung (main picture) will be responsible for the governance and operations of Bank of Singapore’s Hong Kong branch to support the franchise’s growth across Greater China. She will also spearhead the bank’s transformation efforts and execution of key strategic initiatives in the region, according to the bank.

Cheung is a banking veteran with more than 20 years of industry experience. She joins from Credit Suisse, where she was the Hong Kong chief operating officer. Prior to that appointment in 2021, she was the China equities chief operating officer driving the firm’s strategy for its onshore and offshore equities business in mainland China.

“Greater China continues to represent a key region for Bank of Singapore. {Cheung] is joining us with an impressive track record, adding a wealth of experience at this important juncture,” said Ang.

Cheung has also held several senior roles across different geographies – the United States, United Kingdom, Hong Kong and mainland China, overseeing a series of businesses as well as transformation projects. She has worked at various leading international banks including Goldman Sachs, UBS and BNP Paribas.

Cheung was also in the inaugural cohort of the Hong Kong Academy of Finance’s financial leadership programme in 2022.

Headquartered in the Lion City, Bank of Singapore is the dedicated private banking subsidiary of OCBC. Its open-architecture product platform is backed by strong research capabilities, and  it is also able to leverage OCBC’s capabilities to offer its high net worth clients an array of services across the OCBC’s regional and international network.

Part of the Mark Allen Group.