OCBC has announced the appointment of Melvyn Low as Group Chief Strategy and Transformation Officer, effective 10 November 2025.
In his new role, Low will be responsible for steering OCBC Group’s long-term strategic direction, focusing on future-proofing the bank’s operations, driving digital transformation, and identifying new growth opportunities across its regional markets.
A banking veteran with over three decades of experience, Low currently heads OCBC’s Global Transaction Banking (GTB) division — a position he has held since 2018 — and will continue to oversee this portfolio alongside his new responsibilities. Under his leadership, the GTB division’s total income has doubled over the past five years, reflecting strong performance and innovation within the business.
Low has also been instrumental in advancing OCBC’s digital capabilities. Notable initiatives under his guidance include the launch of a virtual purchasing card that can be integrated into mobile wallets, and GovCash, a platform that allows Singaporeans to receive government payments via OCBC ATMs without requiring an OCBC account.
Additionally, he spearheaded the implementation of a blockchain-based conditional payments solution designed to streamline advance payment disbursements for construction companies, showcasing OCBC’s commitment to applying emerging technologies to real-world financial processes.
Through this expanded leadership role, Low is expected to strengthen OCBC’s strategic agility and digital transformation agenda, positioning the bank for sustainable growth amid a rapidly evolving financial landscape.
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