Working at OCBC Bank Singapore: Company History, Culture, Benefits, and Leadership

Welcome to the dynamic world of OCBC Bank Singapore, a financial institution with a rich history, a vibrant corporate culture, enticing employee benefits, and strong leadership. In this blog, Aniday will embark on a journey to explore the multifaceted aspects of working at OCBC Bank Singapore, covering the company's history, culture, benefits, and leadership.

Company History of OCBC Bank Singapore

Since ope­ning in 1932, OCBC Bank Singapore has become a top bank in the­ area. It began by uniting three­ local banks, Chinese Commercial Bank Limite­d, Ho Hong Bank Limited, and Oversea-Chine­se Bank Limited. This smart step allowed OCBC to help grow Singapore's economy.

OCBC showed strength and flexibility over time­, managing economic shifts and boosting the finance industry. The­ bank's dedication to fresh ideas and customer focus has made it a major force not just in Singapore, but also across the­ Asia-Pacific region.

Culture at OCBC Bank Singapore

OCBC Bank Singapore prides itself on fostering a workplace culture characterized by collaboration, innovation, and a commitment to employee wellbeing. The bank recognizes the uniqueness of each individual and emphasizes a supportive team environment.

1. Collaboration and Wellbeing

In OCBC, you're more­ than just an employee. You're­ a valued team membe­r. Managers and leaders truly ge­t to know you, fostering a space where­ trust and appreciation flourish. The bank provides a full set of flexible benefits, acknowledging that no two individuals have identical preferences.

2. Learning and Innovation

OCBC Bank Singapore promotes a progressive, future-oriented open learning culture. Employees are encouraged, supported, and empowered to pioneer financial services and contribute to industry-leading products and projects. The emphasis on mentoring, tailored career paths, and total freedom in learning reflects a commitment to building a future-ready career for every employee.

3. Community and Sustainability

Conscious, connected, and caring – these are the values that guide OCBC Bank Singapore's approach to community and sustainability. The bank has taken significant steps, such as being the first in Southeast Asia to stop banking coal plants and financing consumers' solar panels. OCBC actively engages in multi-billion dollar sustainable financing and green loans, demonstrating its commitment to creating broader social value.

Benefits at OCBC Bank Singapore

OCBC Bank Singapore recognizes that the wellbeing of its employees is crucial to the success of the organization. The bank offers a range of flexible and competitive benefits designed to cater to diverse needs.

1. Flexible Benefits Plan

No two people are identical, and OCBC acknowledges this by offering a flexible benefits plan. This allows employees to select and tailor their benefit packages to suit their unique desires, fostering a workplace that respects individual preferences.

2. Health and Protection

OCBC prioritizes the health and protection of its employees and their families. The inclusion of health screening, medical leave and budget, and insurance coverage underscores the bank's commitment to employee wellbeing.

3. Varied Leave Policies

Recognizing the importance of work-life balance, OCBC provides various leave policies, including annual vacation leave, government pro-family leave, marriage leave, family leave, compassionate leave, PSLE leave, exam leave, corporate social responsibility leave, and career break leave. These policies demonstrate a holistic approach to supporting employees in various aspects of their lives.

Learning and development at OCBC Bank Singapore

OCBC Bank Singapore takes pride in being a premier learning and development institute, recognizing that the strength of organization lies in the capabilities of our people.

1. Championing Diversity, Acceptance­, and Sustainability

We're all about variation, acceptance­, and durability, and it shows in our unique programs. These plans help folks do good, foster growth, and aid in crafting an enduring atmosphere­.

2. Future Smart Initiative

At OCBC Bank Singapore, they ensure that our people are "Future Smart" by investing in the largest and most ambitious digital transformation initiative by a local bank. With a commitment of S$20 million, they are bringing 29,000 employees into the future world, equipping them with the skills and knowledge needed to thrive in a rapidly evolving digital landscape.

3. Future Smart, Future Workforce Learning Festival

Their dedication to a sustainable high-performance workforce is evident in initiatives like the "Future Smart, Future Workforce Learning Festival." This event empowers our employees to be ready for the future world, fostering a culture of continuous learning. Highlights from our 2-day learning festival at OCBC Campus on 8 & 9 July 2019 exemplify our commitment to staying ahead of the curve.

4. Staying Connected to the World

OCBC Bank Singapore keeps their ear close to the ground by ensuring that employees stay connected to global and economic issues. Hosting events that keep the bank at the cutting edge of conversations, they encourage a culture of intellectual curiosity and ongoing awareness.

5. Investing in Holistic Development

OCBC Bank Singapore invests in your holistic development, recognizing that learning extends beyond traditional training. they believe in experiential learning, embracing life's moments as opportunities for growth, both professionally and personally.

Leadership of OCBC Bank Singapore

The leadership team at OCBC Bank Singapore plays a crucial role in steering the organization toward success. 

• Chairman: Mr. Ooi Sang Kuang was the Chairman of OCBC Bank. The Chairman plays a crucial role in providing leadership to the Board of Directors and overseeing the bank's overall governance.

• Chief Executive Officer (CEO): This position is held by Mr. Samuel Tsien at OCBC Bank. As CEO, he­ directed the bank's strategy and managed its operations.

• Group Chief Financial Officer (CFO): Mr Darre­n Tan filled this role. His job was to manage the­ bank's finances and report on them. He­ had to plan and budget finances to maintain the bank’s financial health.

OCBC Bank Singapore offers more than a job, it's a chance to join a prestigious institution with a dynamic culture, great benefits, and visionary leadership. Aniday believe that whether you're experienced or a recent graduate, OCBC values your strengths, providing an environment for career growth. With a commitment to innovation and community impact, OCBC is a platform for unlocking your potential and contributing to financial excellence.