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Wee family members ‘welcome’ as part of bank succession if they have passion, desire: UOB CEO

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Tan Nai Lun

Tan Nai Lun

Published Thu, Feb 22, 2024 · 12:29 PM
    • UOB CEO Wee Ee Cheong says: “Yes, if the family members are interested, they’re more than welcome. But I think they need passion, they need love, and they need the desire to be part of the team."
    • UOB CEO Wee Ee Cheong says: “Yes, if the family members are interested, they’re more than welcome. But I think they need passion, they need love, and they need the desire to be part of the team." PHOTO: UOB

    MEMBERS of UOB’s controlling Wee family are “more than welcome” in the bank’s succession plans, but only if they have the passion and interest to be part of the team, said UOB chief executive officer (CEO) Wee Ee Cheong.

    “Yes, if the family members are interested, they’re more than welcome. But I think they need passion, they need love, and they need the desire to be part of the team,” he said, in response to questions on succession planning at a media briefing on Thursday (Feb 22) for the bank’s fourth-quarter results.

    In the meantime, Wee said he is already growing a team professionally, who are “more than happy to look forward” to taking charge.

    UOBsuccession planningSingapore banks

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