Dr Wee Cho Yaw, visionary, banker extraordinaire, community pillar and celebrated pioneer, is highly regarded in Singapore and internationally.

He retired from the UOB Board in 2018, following more than 60 years at the helm of the UOB Group. Under his leadership and guidance, UOB became one of the leading banks in Asia. During his term as Group Chairman and CEO, the Bank’s network expanded from 75 to more than 500 branches and offices globally and its assets increased from $2.8 billion to more than $253 billion through his pursuit of disciplined and sustainable growth.

Highlights of UOB’s expansion since 1965 include:
  • 1965
    Opens 1st overseas branch in Hong Kong
  • 1971
    Acquires majority stake in Chung Khiaw Bank (CKB)
    Opens Tokyo Branch
  • 1973
    Acquires Lee Wah Bank
  • 1975
    Opens London branch
  • 1977
    Opens New York agency
  • 1980
    Opens Los Angeles agency
  • 1983
    Opens Seoul representative office
  • 1984
    Opens Beijing representative office
  • 1985
    Expands into Sydney and Xiamen
  • 1986
    Expands into Vancouver
  • 1987
    Acquires majority interest in Industrial & Commercial Bank
  • 1992
    1st Singapore bank to set up office in Vietnam
    Sets up Taipei representative office
  • 1994
    Expands into Yangon
  • 1997
    UOB Malaysia merges with CKB Malaysia
  • 1998
    Opens Shanghai branch
  • 1999
    Acquires Westmont Bank in the Philippines
  • 1999
    Acquires Radanasin Bank in Thailand
  • 2001
    Acquires Overseas Union Bank
  • 2004
    Acquires 96.1% in Bank of Asia Public Company in Thailand
  • 2005
    Increases controlling stake of PT Bank Buana in Indonesia to 61.1%
  • 2009
    Opens Mumbai branch
  • 2010
    Merges PT Bank UOB Indonesia with PT Bank UOB Buana
  • 2015
    Completes full acquisition of Far Eastern Bank
    Officially opens Yangon branch, adding to UOB’s unparalleled Southeast Asian network
Dr Wee has received many accolades for his business achievements and support of education, community welfare and the business community. Among the awards conferred on him are the Distinguished Service Order, Singapore National Day Award (2011), ASEAN Business Advisory Council Legacy Award for Singapore (2017) and Honorary Doctor of Letters from the National University of Singapore (2008) and Nanyang Technological University (2014).

Dr Wee remains as Chairman Emeritus and Honorary Adviser to share his wealth of experience and insight with the Board and Management.
Rotate for optimal experience