Wee Cho Yaw’s business legacy may live on longer in property than in banking
Leslie Yee
BUSINESS leaders, politicians and friends have paid tribute to Wee Cho Yaw, who died earlier this month at the age of 95. The late businessman was one of Singapore’s richest persons, an active community leader and a philanthropist.
Prime Minister Lee Hsien Loong hailed Wee as “a titan of Singapore’s banking industry”, citing his business acumen and visionary leadership behind the growth of UOB into one of the most successful banks in Singapore and the region.
Wee helmed UOB, which traces its roots to the founding of United Chinese Bank by his father Kheng Chiang in 1935, for decades.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’
The Asian healthcare gold rush: Vietnam’s reforms are attracting foreign investors
‘Tokenmaxxing’ your way to a zero-day work week