Paramount banks on former OCBC chief

Teo takes over as interim CEO after the sudden resignation of Chan.

OCBC Bank (M) Bhd’s former CEO and director Jeffrey Chew started his first day in property and education firm Paramount Corp Bhd as group CEO on July 1.

Market watchers are wondering why Chew, a high-profile banker who has carved a niche for himself in commercial banking, would want to join a low-profile company.