OCBC Malaysia’s risk chief lauds obligor risk system
Choo Yee Kwan, chief risk officer for OCBC Malaysia, believes good risk management is all about being sensitive to the complementary roles of quantitative risk modelling and human discretion. Georgina Lee reports
OCBC Malaysia's total deposit base stood at 36.4 billion ringgit ($11.5 billion) at the end of June 2010, making it the most important international subsidiary of Singapore's OCBC Group. It has entrusted its risk management since December 2007 to Choo Yee Kwan, who between 2002 and 2006, was chief risk officer of Maybank, Malaysia's biggest commercial lender. Choo set about developing a corporate loan internal rating system called ‘obligor grade', a system that OCBC staff say was a critical tool
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