Oversea-Chinese Banking Corporation (OCBC) has appointed Noel Gerald DCruz as its new group chief risk officer on Nov 16.
DCruz will succeed outgoing group chief risk officer, Vincent Choo, who will stay on as an advisor.
Choo joined OCBC Bank in 2014 as group chief risk officer. During his tenure, he helped the bank through the plunge in oil prices from 2014 to 2016, says OCBC. Choo also led the bank’s transition to hybrid work arrangements through “strong operational risk controls”. He also “safeguarded its asset quality with robust risk monitoring and active customer engagement” during the Covid-19 pandemic.