UOB Malaysia names first female CEO

UOB logoPhoto by Leslie Shaffer

This item originally appeared on finews.asia.

UOB Malaysia has named its first woman to serve as chief executive officer, succeeding Wong Kim Choong.

Ng Wei Wei has been appointed CEO of UOB Malaysia, according to a statement, effective May 1.

She succeeds Wong Kim Choong who has held the role since 2012 and who will remain with the bank as a senior advisor, in part to oversee the integration of the recently acquired retail banking business from Citi.

Ng’s appointment marks the first time a woman has been selected for the top role at UOB Malaysia.

Ng is a seasoned banker who worked for UOB Malaysia from 2000 to 2006 before leaving to take on various leadership roles at global financial institutions in Malaysia and Hong Kong. In 2019, she returned to UOB Malaysia as country head of wholesale banking before becoming its deputy CEO in 2021.

“[Wong] retires with a track record of advancing the bank’s position in the areas of customer service, regional connectivity, innovation, and sustainability,” said UOB CEO and deputy chairman Wee Ee Cheong. “I am confident that under [Ng’s] leadership, UOB Malaysia will continue to scale greater heights as we support our customers to seize opportunities locally and across the region.”

Click here to follow more financial news on Shenton Wire.