OCBC Taps Veteran as Risk Chief

In a bold move that reinforces its risk leadership amid turbulent global conditions, OCBC appoints a new chief risk officer, succeeding long-time stalwart Noel DCruz. Her mandate: fortify the bank’s position as a Southeast Asian powerhouse in the face of rising intra-regional financial flows.

OCBC announced on Wednesday that Carina Lee will take the helm as group chief risk officer, according to a statment, effective 1 January 2026. Currently serving as risk chief for the bank’s wholesale business, Lee steps in to succeed veteran Noel Gerald DCruz who retires after a 36-year tenure.

«Carina Lee’s appointment testifies to our deep bench strength,» said group CEO Helen Wong.

New Era

Lee brings over 28 years of experience spanning both business and risk functions. Since joining OCBC in 2021, she has sharpened the bank’s credit risk frameworks, expanded exposure to growth sectors such as technology and telecommunications, and laid the groundwork for an enlarged SME lending footprint across ASEAN and Greater China.

She also has experience on the board of OCBC China and in global banking positions.