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Private banking transformation starts with its underlying philosophy: UOB’s Chew Mun Yew

Tan Nai Lun

Tan Nai Lun

Published Tue, May 23, 2023 · 06:00 AM
    • Chew Mun Yew, UOB's managing director and head of private wealth, says: “Experience, especially if you make mistakes, really hones your instinct… There are some challenges in business and in management that you cannot simply think your way out of.”
    • Chew Mun Yew, UOB's managing director and head of private wealth, says: “Experience, especially if you make mistakes, really hones your instinct… There are some challenges in business and in management that you cannot simply think your way out of.” PHOTO: UOB

    CHEW Mun Yew believes in achieving “management alpha”: To deliver better-than-normal results, a good leader needs to assemble the right team and galvanise its members to work towards a common goal.

    He was appointed as UOB’s managing director and head of private wealth in December 2021, under the bank’s drive for a private wealth arm focusing on its high-net-worth and ultra-high-net-worth customers.

    But Chew’s career route had an unconventional start. He had begun by teaching philosophy at the National University of Singapore (NUS). He was also a banking and insurance regulator at the Monetary Authority of Singapore (MAS).

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