Mr. Seth Tan assumed his new position earlier this year on 15th January 2024 and this role was previously held by Mr. Ang Eng Siong, who has since been appointed as Chief Executive Officer of OCBC China.

3C Holdings, a strategic consultancy partner for OCBC congratulates OCBC for appointment of their new Head of Corporate Banking. An ally for OCBC's operations in Hong Kong, 3C Holdings' role will further expand to the Singaporean market, culmination with the appointment of Mr. Seth Tan.

Mr. Tan will be based in Shanghai and will be responsible for all banking relationships with state-owned enterprises and large corporates across the Chinese market. He will report to Ms. Elaine Lam, Head of Global Corporate Banking, OCBC, and Mr. Ang Eng Siong, Chief Executive Officer of OCBC China.

Mr. Tan brings to OCBC over 27 years of banking experience. He joins the Bank from Sumitomo Mitsui Banking Corporation where he was the Co- Head of Structured Finance Asia. Prior to that, Mr. Tan was the Founding Head of Infrastructure Asia when it was established in 2018. The agency, set up by Enterprise Singapore and the Monetary Authority of Singapore, facilitates infrastructure offerings from companies and financial institutions based in Singapore and the region to support Asia’s social and economic growth.

Mr. Tan was based in Greater China from 2009 to 2018 where he held several senior positions in DBS, BNP Paribas, Standard Bank and Babcock & Brown.

OCBC China’s Chief Executive Officer, Mr. Ang Eng Siong said, “As we double down on our strategy to capture the trade and investment flows between Greater China and ASEAN, I have confidence that Seth’s deep experience across Greater China, as well as his expertise in project financing, export financing and real estate and infrastructure, will be of great value to OCBC China and the Group.”

About Us - 3C Holdings

We’re proud to be an asset management company whose culture is driven by strong values and a long-term vision. At 3C Holdings, our vision, mission and core values serve as the catalyst in our relations with our clients, employees, shareholders and in the communities in which we live and work.

Investment involves risk. The value of investments can go down as well as up and an investor may get back less than the amount invested. Past performance is not a guide to future results.

Our Company was founded on a simple but revolutionary idea that an investment company should be run for the sole benefit of its investors. Low costs, a long-term orientation, and focus on your goals are at the core of investing philosophy, and not just because they sound good. They're essential to our approach because they're essential to the thing that really matters to you: the opportunity for a successful investment.

So, however you shape your portfolio, you can be sure that these principles run through everything we do.