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OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

Posted on July 1, 2026 By 164news66 No Comments on OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

CBC’s Tech Spending Plans

CBC plans to raise its annual technology spending to more than $771 million, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January 2026. Tan succeeded Helen Wong, who retired at […]

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