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PT Bank OCBC NISP Tbk Financial Performance – First Half 2016(Unaudited)
This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated,
quoted, or reproduced for distribution outside the organization without prior written approval from
PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral
presentation; it is not a complete record of the discussion.
22
• First Half Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
33
Executive Summary
• NPAT reached Rp 914 billion or increased by 24% YoY in first half 2016
• Total Assets grew 7% YoY to Rp 129 trillion in first half 2016
• Loans outstanding rose 16% YoY to Rp 86 trillion in first half 2016
• Deposits increased 9% YoY to Rp 93 trillion in first half 2016
• LDR ratio was 92.8%, Loan-to-funding ratio at 86.0% in first half 2016
• Gross NPL stood at 1.4% in first half 2016, remains well below the industry
average
• CAR at 19.0% in first half 2016, above the minimum requirement
• Corporate Rating is AAA with stable outlook
• Network coverage with 339 offices and 749 ATM OCBC NISP.
44
Network
Branch 339 Offices
Electronic channelATM, EDC & e-Banking
Call centre
• Jabotabek, Banten (150)
• West Java (61)
• Central Java (24)
• East Java (34)
• Bali, Lombok, Sumatera, Kalimantan, Sulawesi, Others (70)
• 749 ATM OCBC NISP and access to more than 170,000 ATM Network in Indonesia and over 800 ATM OCBC Group Network in Singapore and Malaysia
• 996 EDC OCBC NISP and access to over 408,000 EDC Network
• e-Channel OCBC NISP including internet and mobile banking
• Call OCBC NISP 1500-999
• Hotline Treasury 08001 111 898
• Corporate Website -www.ocbcnisp.com
55
Income Statement Highlights
Rp. billion 1H15 1H16 ����YoY 1Q16 2Q16 ����QoQ
Net Interest Income 1,949 2,646 36% 1,305 1,341 3%
Non Interest Income 443 699 58% 336 363 8%
Operating Income 2,392 3,345 40% 1,641 1,704 4%
Operating Expenses (1,335) (1,557) 17% (767) (790) 3%
Pre Provision Operating Profit 1,057 1,788 69% 874 914 5%
Provision Expense (77) (580) 654% (276) (304) 10%
Non Operating Income/(Expense) - 8 nm 8 - nm
Profit Before Tax 980 1,216 24% 606 610 1%
Net Profit After Tax 735 914 24% 457 457 -
66
Financial Position Highlights
Rp. billion 1H15 1H16 ����YoY 1Q16 2Q16 ����QoQ
Placement in other Bank (net) 1) 16,074 2,746 (83%) 1,978 2,746 39%
Marketable Securities 2) 16,788 24,453 46% 19,194 24,453 27%
Loans (gross) 3) 74,214 86,197 16% 85,122 86,197 1%
Impairment Allowance (1,525) (2,380) 56% (2,113) (2,380) 13%
Total Assets 121,037 128,948 7% 119,400 128,948 8%
Current Account 17,841 23,088 29% 21,162 23,088 9%
Savings 11,881 15,678 32% 14,063 15,678 11%
Time Deposit 54,997 53,789 (2%) 54,351 53,789 (1%)
Total Customer Deposits 3) 84,719 92,555 9% 89,576 92,555 3%
Borrowings 2,666 2,642 (1%) 2,652 2,642 -
Marketable Securities Issued 5,387 3,896 (28%) 2,802 3,896 39%
Subordinated Bonds 878 879 nm 878 879 nm
Total Liabilities 105,358 110,273 5% 102,472 110,273 8%
Equity 15,679 18,675 19% 16,928 18,675 10%
Note: 1) Including Placement in Bank Indonesia 2) Exclude Securities purchase under resale agreement 3) Including Sharia products
77
Key Ratios% 1H15 1H16 ����YoY 1Q16 2Q16 ����QoQ
Net Interest Margin 3.7 4.7 1.0 4.8 4.6 (0.2)
Non Int. Income / Operating Income 18.5 20.9 2.4 20.5 21.3 0.8
Cost / Income 55.8 46.5 (9.3) 46.7 46.4 (0.3)
ROA 1.7 2.0 0.3 2.0 1.9 (0.1)
ROE 9.6 10.6 1.0 11.0 10.2 (0.8)
Loan / Deposit 1) 87.3 92.8 5.5 94.7 92.8 (1.9)
Loan / Funding 1) 84.7 92.0 7.3 92.2 92.0 (0.2)
Loan / Funding 2) 79.0 86.0 7.0 88.4 86.0 (2.4)
CASA / Deposit 35.1 41.9 6.8 39.3 41.9 2.6
NPL – Gross 1.3 1.4 0.1 1.4 1.4 -
NPL – Net 0.7 0.6 (0.1) 0.8 0.6 (0.2)
Loan Loss Provision (LLP) / NPL 161.2 204.0 42.8 176.8 204.0 27.2
NOP 1.2 0.3 (0.9) 0.8 0.3 (0.5)
CAR 18.7 19.0 0.3 18.0 19.0 1.0
Note:
1) Loan-to-Deposit and Loan-to-Funding calculation according to guideline from Bank Indonesia
2) Funding includes Customer Deposits, Borrowings, Bonds and MTN.
Credit Related2016: 13%
2015: 24%
88
NIM increased to 4.7% in first half 2016 along with diversified Non-Interest Income channelsNet Interest IncomeRp. billion
Trade Finance2016: 9%
2015: 17%
Deposit Administration
2016: 5%
2015: 7%
Bancassurance2016: 6%
2015: 9%
Others *)
2016: 13%
2015: 26%
Gain from Sale of Marketable Securities2016: 19%
2015: 16%
Non-Interest Income 2016: Rp 699 billion
2015: Rp 443 billion
Non-Interest Income by TypeFirst Half
*) Including Wealth Mgt, Remittance, e-channel and Other fee
1,949
2,646
968
1,167
1,303 1,305 1,341
1H15 1H16 2Q15 3Q15 4Q15 1Q16 2Q16
3.7%
4.7%
3.6%4.2%
4.7% 4.8% 4.6%
Net Interest Margin
����
Net Interest Margin
����
Foreign Exchange Gain
2016: 35%
2015: 1%
3,345
2,392
1,335 1,557
1H15 1H16
62% 60%
40%38%
1,619
1,262 1,210
1,641 1,704
790767778705686
2Q15 3Q15 4Q15 1Q16 2Q16
61% 62% 60% 60% 63% 40% 40% 37% 38% 39%
9
46.4%46.7%48.1%
55.8%56.8%55.8%
46.5%
Cost to Income Ratio▼▼▼▼
Operating Expense and Operating IncomeRp. billion
Operating Income Employee Expense General Administration
Cost to Income Ratio▼▼▼▼
Cost-to-Income Ratio stood at 46.5% in the first half of 2016
1010
Total loans increased by 16% YoY to Rp 86 trillion on the back of diversified loans growth
42% 42% 43% 43% 44%
42%43%43%44%
42%
14%14%14%14%
16%
2Q15 3Q15 4Q15 1Q16 2Q16
Working Capital Investment Consumer
Loans CompositionRp. billion
74,214
Note: Consumer loans includes Employee loan
Agricultural & mining2016: 13%
2015: 9%
Services2016: 17%
2015: 20%
Manufacturing2016: 27%
2015: 26%
Trading 2016: 26%
2015: 26%
Others *)
2016: 15%
2015: 17%
Construction2016: 2%
2015: 2%
Loans by SectorFirst Half
Outstanding loans2016 : Rp 86,197 billion
2015: Rp 74,214 billion
*) “Others” category Including Consumer loans
82,08185,879 85,122 86,197
1111
Loans by Geography First Half
Central Java2016: 2%
2015: 2%
East Java2016: 9%
2015: 9%
Sulawesi & Others2016: 3%
2015: 3%Jakarta2016: 61%
2015: 59%
Kalimantan2016: 2%
2015: 3%
West Java2016: 13%
2015: 13%
Sumatera2016: 10%
2015: 11%
Rupiah2016: 74%
2015: 71%
Foreign currencies2016: 26%
2015: 29%
Loans by CurrencyFirst Half
The bank loans were spread over regions which most of economic activities are undertaken
Outstanding loans2016: Rp 86,197 billion
2015: Rp 74,214 billion
Outstanding loans2016: Rp 86,197 billion
2015: Rp 74,214 billion
97.2%97.0%97.1%97.3%97.1%
1.4%1.6%1.6%1.4%
1.6%
1.4%1.4%1.3%1.3%
1.3%
2Q15 3Q15 4Q15 1Q16 2Q16
Current Special mention NPL Gross
1212
0.7% 0.8% 0.8% 0.8%0.6%
Loan Collectibility% of Outstanding loans
85,122 86,197
149.1131.1124.4
106.3119.6
54.9
45.740.2
40.941.6
2Q15 3Q15 4Q15 1Q16 2Q16
General Specific
204.0
Loan Loss Provision (LLP) / NPL %
Gross NPL was recorded at 1.4%, while Net NPL stoodat 0.6%
Net NPL����
82,081
147.2
85,879
164.6
176.8
74,214
161.2
1313
Total CASA represented 41.9% of total Third party funds
21% 24% 26% 23% 25%
14%15% 16% 16%
17%
65%
61% 58% 61%58%
2Q15 3Q15 4Q15 1Q16 2Q16
Current Account Savings Time Deposits
Deposit CompositionRp. billion
84,71989,576
Deposit and Funding by CurrencyFirst Half
Rupiah2016: 72%
2015: 63%
Foreign currencies2016: 28%
2015: 37%
Total Deposit2016: Rp 92,555 billion
2015: Rp 84,719 billion
91,20087,280
92,555
Rupiah2016: 72%
2015: 63%
Foreign currencies2016: 28%
2015: 37%Total Funding
2016: Rp 99,972 billion
2015: Rp 93,650 billion
Note: Funding includes Customer Deposits, Borrowings, Bonds and MTN
86.0%88.4%88.9%
81.5%79.0%
87.3%89.7%
98.0%94.7% 92.8%
1414
LDR was at 92.8%, while Loan-to-Funding ratio was 86.0% at 1H 2016
Loan-to-Deposit Ratio▼▼▼▼Loans, Third Party Fund and FundingRp. billion
86,197
74,214
82,08185,879 85,12284,719 87,280
92,55591,200 89,576
93,650100,397 96,308 95,908
99,972
2Q15 3Q15 4Q15 1Q16 2Q16
Loans Deposit Funding
Note:
Funding includes Customer Deposits, Borrowings, Bonds and MTN.
Loan-to-Funding Ratio▼▼▼▼
500
750
1,000
1,250
1,500
1,750
-
6,000
12,000
18,000
24,000
30,000
Jul 15 Sep 15 Mar 16 Apr 16 Jun 16
1515
Ratings
PEFINDO
Feb 2016
Corporate Rating idAAA / Stable
Continuous Bonds I and II idAAA / Stable
Fitch Ratings
April 2016
National Long-term AAA (idn) / Stable
National Short-term F1+ (idn)
Long-term Foreign Currency
Long-term Local Currency
BBB / Stable
A- / Stable
Short-term Foreign Currency F 3
IDR Subordinated Debt AA (idn)
Continuous Bonds I
Viability Rating
Support Rating
AAA (idn)
bb
2
Share Price and Credit RatingsDaily share price and trading volumeNISP IJ
Source: Bloomberg
Share price (Rupiah)Daily trading volume (Thousand)
Ownership StructureAs of 30 June 2016
Number of shares
Ownership
OCBC Overseas
Investment Pte. Ltd*)
9,760,695,612 85.1%
Public 1,711,952,874 14.9%
Total 11,472,648,486 100.0%
ValuationRp.
Jun 15 Sep 15 Dec 15 Mar 16 Jun 16
Share Price 1,240 1,225 1,275 1,185 1,225
PBV 0.9x 0.9x 0.9x 0.8x 0.8x
EPS Quarterly 32 32 28 38 40
Note: *) OCBC Overseas Investment Pte. Ltd is owned by OCBC Bank, Singapore. OCBC Bank is Singapore’s longest established bank (est. 1912) and one of
Asia’s leading financial services groups, with group assets of SGD 389 billion as of 31 March 2016 and employs more than 30,000 staff globally and has
a banking network of over 620 branches and offices in 18 countries and territories.
Share Price▼▼▼▼
Source: Bloomberg
1616
• First Half Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
17
Business Initiatives
.
Consumer Banking- Intensifying Tanda 360o and Taka campaign to acquire more new customers.
- Intensifying internet and mobile banking campaign to acquire more new users.
- Bank OCBC NISP together with PT Rintis Sejahtera as PRIMA network provider established a
cooperation in the field of electronic banking with the acceptance of UnionPay International at ATMs of
Bank OCBC NISP.
- Launched KPR Kendali: Bundling product of mortgage with savings, which allows customer to control
mortgage through savings.
- Launched Bancassurance products, ie Great Optima Link, Batavia Cemerlang 32, BNP Paribas Cakra
Shariah USD.
- Launched savings IB Mudharabah.
18
Corporate Action
Continuous Public Offering Bonds II Bank OCBC NISPPhase I Year 2016• To diversify funding, Bank OCBC NISP raised Rp 2.0 trillion
through the Continuous Public Offering Bonds II Bank OCBC
NISP Phase I Year 2016. The bonds issued in 3 series,
namely:
– Series A for a term 370 days in the amount Rp 837 billion
with a 7.50% interest rate,
– Series B for a term 2 years in the amount Rp 380 billion
with a 8.00% interest rate,
– Series C for a term 3 years in the amount Rp 783 billion with
a 8.25% interest rate.
• The proceeds are being used entirely for loans expansion.
19
Corporate Social Responsibility
• Bank OCBC NISP conducts “Education & Screening Thalassaemia” to
prevent spreading of Thalassaemia disease in 6 cities in Indonesia
(Batam, Denpasar, Makassar, Pekanbaru, Pontianak and Surabaya),
themed “Kenali – Cegah dan Putus Thalassaemia”.
• In celebrating International Environment day, on 5 June 2016, sixty
volunteers from Bank OCBC NISP, OCBC Singapore and Bank of
Singapore, conducted a collaboration of CSR Environment activities,
themed “Save Earth For Better Future”, such as:
- Planting 2000 damar trees in Jayagiri Village;
- Renovation Kindergarten school ( PAUD );
- Build water sanitation piping 2 km for 10,000 persons;
- Sharing book and toys and sharing happiness with kindergarten kids in
Jayagiri Village.
• Bank OCBC NISP held Staple Food (nine basic staple food) Distribution
carrying the Theme: “Clean Our Hearts, Offer Thanksgiving, Win the
Intrinsic Victory”. Distribution of free packages of staple food is targeted
at the disadvantaged such as orphans, the poor, widows and mosque
attendants, while cheap packages of staple food are for the residents
living around the office’s neighborhood. This distribution of staple food is
held simultaneously in 6 (six) cities, namely Jakarta (OCBC NISP Tower
and Gunung Sahari), Bandung, Surabaya, Makassar, Medan and
Palembang.
20
Corporate Social Responsibility (Cont’d)
• Bank OCBC NISP with Unit Usaha Syariah conduct : “Mudik Asyik
2016”. On 28 June 2016, Mudik Asyik bring 132 people around Jakarta
office, with 3 buses to central Java and subsequently, on 30 June 2016,
Mudik Asyik bring 54 people around Bandung offices, with 1 Bus to
central Java
21
Accolades 2016
.
Private Company that conduct Corporate Social Responsibility (CSR)
according to the program target by Jakarta Provincial Government in
January 2016
Parwati Surjaudaja as The 1st Rank of The Best CEO 2016
from SWA Magazine, Ipsos and Dunamis Organization Services
May 2016.
Bank OCBC NISP received Indonesia Green Award 2016, for the CSR Program -Environment and Safe water resources
for Human lifefrom La Tofi School of CSR. May 2016.
2nd Best ATM Public Area –Commercial Bank
Infobank Service Excellence Award, June 2016
1st Best ATM Islamic Business Unit,Infobank Service Excellence Award,
June 2016
2222
Human Capital
Others
• Team-up Senior executive OCBC Bank Singapore in Board ofCommissioners and Board of Directors OCBC NISP.
• Transfer knowledge throughout comprehensive training program,business event, comparative studies, job attachment and guestauditors.
• Provide strong capital support.
• Create synergy in better supporting financing and transactionservice needs for customers.
• Enhance infrastructure, information technology & branch networks.
• Broaden conventional and Islamic banking product suite.
• Bolster process improvement throughout Quality projects.
• Link-up ATM in Singapore and Indonesia.
Supports from Controlling Shareholder
2323
• First Half Performance
• Financial Results
• Corporate Updates
• Appendix
Agenda
2424
Vision and Mission
Vision
Mission
To be the Bank of choice with world-class standards, recognized for its caring and trustworthiness.
Bank OCBC NISP will conduct its business and will operate as an honorable corporate citizen that grows together with the society in a
sustainable manner.
2525
• Fourth oldest bank in Indonesia was incorporated in 1941.
• Listed its shares on Indonesia Stock Exchange in 1994.
• Transformed the entire organization subsequent to adopt a new name PT Bank OCBC
NISP Tbk by the end 2008.
• The merger with Bank OCBC Indonesia was completed on 7 February 2011 resulting in
one single banking entity and franchise for the group in Indonesia.
• For over 75 years, the Bank has survived through any Indonesia economic crisis.
• The Indonesia’s eighth largest private bank by the end of March 2016.
• Currently employs 6,987 dedicated staffs to serve customers in 60 cities across Indonesia
throughout 339 offices and 749 ATMs.
• Focus on serving the segment of SME and Retail.
• Solid financial performance with strong capital support from OCBC Bank Singapore.
Fact of OCBC NISP
26
Board of Commissioners as of 30 June 2016Pramukti SurjaudajaChairman– Chairman, Board of Commissioners, Bank OCBC NISP since 2008
– President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1989-1997)
– Commissioner of Bank OCBC Indonesia (1997-2000)
– Council Member, International & East Asia Council, INSEAD,
France, since 2006
– Non Executive Director at OCBC Bank-Singapore since 2004
Peter Eko SutiosoDeputy Chairman (Independent Commissioner)– Deputy Chairman of Bank OCBC NISP since 1998
– Commissioner Bank OCBC NISP (1997-1998)
– Director of Bank OCBC NISP (1972-1997)
– Active in Perbanas (Indonesian Banking Association) West
Java as Chairman of Perbanas West Java (1983-1988), and
active in BMPD West Java (1977-1990)
Roy Athanas KaraoglanIndependent Commissioner– Commissioner of Bank OCBC NISP since 2003
– As Banking Consultant since 2003.
– Consultant for IFC (2000-2011)
– Associate Director of Credit Review Department, IFC (1998-2000)
– Senior Banking Advisor of IFC (1997-1998)
– Chief Banking Specialist of Central Capital Markets Department,
IFC (1991-1997)
– Senior Banking Specialist for Africa, World Bank (1989-1991)
Jusuf HalimIndependent Commissioner– Independent Commissioner of Bank OCBC NISP since 2006
– Chairman of CPA Examination Board, the Indonesian Institute of
Accountants (2003-2006)
– Chairman of Financial Accounting Standards Committee (1994-1998)
– Member of Advisory Board, the Indonesian Tax Accountants
Compartment (2014-2016)
– Member of Honorary Board-the Indonesian Institute of Audit
Committee (2013-2016)
Lai Teck Poh (Dua Teck Poh)Commissioner– Commissioner of Bank OCBC NISP since 2008
– Non Executive Director in OCBC Bank (Malaysia) Bhd since
2011
– Director in OCBC Bank Ltd since 2010
– OCBC Bank Ltd (1988-2010) with latest management
position as Head, Group Audit
– Managing Director, Citicorp Investment Bank (Singapore)
Ltd (1986-1987)
Kwan Chiew ChoiIndependent Commissioner– Commissioner Bank OCBC NISP since 2011
– Independent Commissioner of Bank OCBC Indonesia (2008-
2010)
– Senior Vice President & Head Credit Control and Approval,
OCBC Bank Ltd (1987-2008)
– Vice President of Corporate Banking, First National Bank of
Chicago (Singapore) (1984-1987)
– Loans Department Manager of Sumitomo Bank Ltd,
Singapore Branch (1973-1982)
Samuel Nag TsienCommissioner– Commissioner of Bank OCBC NISP since 2012
– Director of Wing Hang Bank, Limited since August 2014
– Director of Mappletree Investments Pte. Ltd. since March 2014.
– Chairman of the Association of Banks in Singapore since June 2013
– Joined OCBC Bank Ltd in 2007 and appointed as Group Chief
Executive Officer since April 2012 and as Director since February 2014
– Director of OCBC Bank (Malaysia) Berhard, OCBC Al-Amin Bank
Berhard, Great Eastern Holdings Ltd, and OCBC Overseas Investments
Pte. Ltd since April 2012
– Chairman of OCBC Bank (China) Ltd. since October 2012
– President and Chief Executive Officer of Bank of Amerika (Asia)
Hongkong, from1995-2006
Hardi JugandaCommissioner– Commissioner of Bank OCBC NISP since July 2012
– Director Bank OCBC NISP (1997-May 2012)
– Head Positions in various branches and divisions of Bank
OCBC NISP (1985-1997)
27
Parwati SurjaudajaPresident Director & CEO– President Director of Bank OCBC NISP since December 2008
– Deputy President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1990-1997)
Board of Directors as of 30 June 2016
Yogadharma RatnapalasariManaging Director– Director of Bank OCBC NISP since 2003
– Assistant Director Bank OCBC NISP (1997- 2002)
– Commissioner of PT NISP Sekuritas (2000-2003)
– Head Positions in various divisions of Bank OCBC NISP
(1988-1997)
Rama Pranata KusumaputraManaging Director– Director of Bank OCBC NISP since 2006
– Assistant Director of Bank OCBC NISP (2005-2006)
– Region II Coordinator of Bank OCBC NISP (2001-2005)
– Has experience in various positions in Bank Bali (1990-2000)
with last position as General Manager
Emilya TjahjadiManaging Director– Director of Bank OCBC NISP since 2011
– Director of Bank OCBC Indonesia (2009-2010)
– SVP and Head Commercial Banking MME at HSBC, Jakarta
(2003-2009)
– American Express Bank Ltd., Jakarta (1996-2002) with last
position as Director of Corporate Banking
– Standard Chartered Group, Jakarta & Singapore (1991-1996)
with last position as Senior Relationship Manager
HartatiManaging Director (Independent Director)– Director of Bank OCBC NISP since 2011
– Chief Financial Officer of Bank OCBC NISP (2010-2011)
– Assistant Director of Bank OCBC NISP (2008-2010)
– Accounting & Finance Division Head Bank OCBC NISP (2006-2008)
– General Manager Bank OCBC NISP (2005-2006)
– Bank Mandiri (2001-2005) with last position as Accounting Group
Head (Senior Vice President)
– Bank Bali (1984-2000) with last position as Financial Control
Department Head (Vice President)
Andrae Krishnawan W.Managing Director– Director of Bank OCBC NISP since 2013
– Senior Corporate Executive Bank OCBC NISP (2009-2013)
– Assistant Director of Bank OCBC NISP (2007-2009)
– The Staff Director Bank OCBC NISP (2006-2007)
– Has experience in various positions in Bank International
Indonesia (1991-2006) with last position as Regional Head for
the last 7 years
Martin WidjajaManaging Director– Director of Bank OCBC NISP since 2012
– SVP & Head of International and Large Local Corporation in HSBC
(2010-2012)
– Senior Vice President, Commercial Banking, HSBC (2006-2010)
– Vice President, Commercial Banking (2004-2006) and Corporate &
Institutional Banking (2003-2004), HSBC
– Assistant Vice President Corporate & Institutional Banking, HSBC
(2002-2003)
– Manager Corporate Banking, HSBC Surabaya (2000-2002)
Johannes HusinManaging Director– Director of Bank OCBC NISP since 2013
– Treasurer Bank OCBC NISP (2011-2013)
– Executive Vice President, Head of Trading & Sales Bank Danamon
(2008-2011)
– Executive Director – JP Morgan Chase Bank (2005-2008)
– Senior Vice President, Head of Trading Bank Danamon (2004-2005)
– Vice President, Senior Interest Rate Trader-Standard Chartered
Bank (2000-2004)
– Currency Forward Trader-ABN Amro Bank (1998-2000)
– Foreign Exchange Trader-Bank Dagang Nasional Indonesia (1997-
1998)
28
Board of Directors as of 30 June 2016 (Cont’d)
Low Seh Kiat (Thomas) Managing Director– Director of Bank OCBC NISP since 2013
– National Emerging Business Head Bank OCBC NISP (2010-
2013)
– Vice President, Business Head of Emerging Business OCBC
Bank, Singapore (2005-2010)
– VP, Head of Program Management & Marketing OCBC Bank,
Singapore (2004-2005)
– VP-GE Commercial Financing (S) Ltd, Singapore (2001-2004)
– Has experience in various head positions in Heller Factoring
(S) Ltd, Singapore (1995-1997) and Heller Asia Capital (S)
Ltd, Singapore (1998-2000)
– Sales Manager – D&D International Enterprise Ltd, USA
(1992-1994)
Joseph Chan Fook OnnManaging Director–Director of Bank OCBC NISP since 2014
–OCBC Group Risk Management (Feb-Mar 2014)
–Head of Internal Audit Division, OCBC Bank Malaysia Bhd
(2010-Jan 2014)
–Head of Internal Audit Division, Bank OCBC NISP – Jakarta
(2006-2010)
–Senior Audit Manager – Consumer Credit Review, OCBC
Bank – Singapore (2004-2006)
–Audit Manager, Standard Chartered Bank – Singapore (2000-
2003)
–Have more than 19 years banking experience especially in
Internal Audit.
2929
Corporate Planning and Development
PT. Bank OCBC NISP Tbk
OCBC NISP Tower, 15th Floor
Jl. Prof. Dr. Satrio Kav. 25, Jakarta 12940
Phone : +62 21 255 33 888
Fax : +62 21 579 44 000
Website : www.ocbcnisp.com
Email : [email protected]
