My first Publication ocbc_ar17_fullreport_english | Page 58

SUSTAINABILITY REPORT CUSTOMER EXPERIENCE CORPORATE CITIZENSHIP WHY THIS IS MATERIAL TO US Our customers are fundamental to our business. As the needs and expectations of customers evolve, we are focused on continuously delivering superior customer experience in order to deepen our engagement and forge enduring relationships with them. MANAGEMENT AND EVALUATION PERFORMANCE AND TARGETS We are committed to designing experiences that will make banking with us simpler and more seamless across customer channels and touchpoints. We have been awarded the following accolades, which recognise our efforts in deepening customer engagement: SELECTED POLICIES Customer Problem Statement-Focused Approach Focuses on customer experience and innovation Highest number of winners across financial industry for the third consecutive year Excellent Service Award (EXSA) 2017 Asia Pacific’s Leader in Smart Payments Experience IDC Financial Insights Innovation Awards 2017 Best Internet Bank International Finance Magazine Awards 2016 SELECTED PRACTICES Dedicated Teams (e.g. digital channels and branch services) Drives active engagement with target customer segments A key metric we use is the Net Promoter Score (NPS), formulated by our Customer Experience team, which evaluates the proficiency and service level of our customer touchpoints. Quarterly NPS studies are regularly reviewed by the Service Excellence Council, which is chaired by the Group CEO and attended by all division heads. Please refer to Serving Individuals through Different Life Stages on page 22 and Supporting the Full Spectrum of Businesses in their Growth Journey on page 26. Best Online Trading Platform and Best Mobile Trading App – Singapore OCBC Securities Global Banking & Finance Review Awards 2016 1 ST NET PROMOTER SCORE (NPS) AMONG PRIMARY BANK CUSTOMERS – J.D. POWER SINGAPORE RETAIL BANKING SATISFACTION STUDY (2017) FIRST-TO-MARKET DIGITAL INNOVATIONS We have been a frontrunner in digital innovation as part of our continuous efforts to meaningfully improve our customers’ banking experience. We will continue to foster a culture of innovation internally, while leveraging external expertise through collaborations with fintech companies, to harness the power of digital technology and deepen customer engagement. Ms Cindy Ong, Branch Manager at our Ang Mo Kio branch, was recognised with The Association of Banks in Singapore (ABS) Service Excellence Champion 2017 award 56 OCBC ANNUAL REPORT 2017 Our Innovation Lab was formed in 2013 to provide employees with a dedicated space to test ideas and build prototypes