My first Publication ocbc_ar17_fullreport_english | Page 13

ACKNOWLEDGEMENTS
On behalf of the Board, our thanks go to the management
team and all our staff for their dedication and efforts that
contributed to OCBC’s outstanding 2017 performance.
We would also like to express our gratitude to our fellow Board
members for their valuable insight and guidance. The Board
extends a warm welcome to Mr Chua Kim Chiu, who joined
the Board on 20 September 2017 as an independent director.
Mr Chua possesses a strong audit, accounting and financial
background. Dr Teh Kok Peng, who had served on the Board of
Directors since 1 Aug 2011, stepped down on 1 July 2017 and
we thank him for his contributions during his six years as a
valued member of the Board.
We have journeyed far since our humble beginnings in the face
of challenging times 85 years ago. The success we have built and
sustained validates our long-term approach to business and our
focus on building steadfast relationships that have withstood
frequent swings in business cycles. It is also proof of our
demonstrated ability to adapt to shifts in markets, technological
advancements and evolving customer needs. However, we could
not have achieved our accomplishments without the unwavering
confidence, support and loyalty of our customers, employees
and shareholders. Thank you for sharing this rewarding journey
with OCBC.
Ooi Sang Kuang
Chairman
Samuel N. Tsien
Group Chief Executive Officer
14 February 2018
BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH
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