OCBC's Conner to step down after a decade

David Conner, chief executive of OCBC, Singapore’s second-biggest bank, is stepping down after a 10-year stint that saw him spearhead the bank’s expansion into Indonesia and purchase ING Group’s Asian private bank, reported Reuters.

Samuel Tsien, senior executive vice president and head of its global corporate bank, will succeed Conner as CEO of Oversea-Chinese Banking Corp, the bank said in a statement on Tuesday.