The promotion sees the Bank sharpening its focus on innovation and performance

KUALA LUMPUR, July 2 (Bernama) -- UOB Malaysia has promoted its Head of Wholesale Banking, Ms Ng Wei Wei, to Deputy Chief Executive Officer (CEO), effective 1 July 2021. In her new role, she will assist the CEO, Mr Wong Kim Choong, in driving the Bank’s strategic business priorities, including generating strong performance, developing more customer-centric solutions and progressing its innovation agenda as the Bank moves into the next phase of growth.

As Deputy CEO, Ms Ng retains her current role as Head of Wholesale Banking. Under her wholesale banking portfolio, she is also entrusted to manage and to provide oversight on the Bank’s Foreign Direct Investment Advisory, Islamic Banking and Labuan offshore businesses. In addition, she now oversees Retail Banking (comprising Personal Financial Services and Business Banking), Channels and Digitalisation, and the Risk Management functions. She will work closely with the respective function leads to achieve the Bank’s objectives and goals and to support the growth of UOB’s franchise across Asia.

On Ms Ng’s appointment, Mr Wong said, “Wei Wei’s promotion to Deputy CEO and her wider responsibilities will see her playing a stronger role in achieving our strategic priorities which include capitalising on regional growth drivers and harnessing technology to drive innovation and performance. Her appointment to this senior management role in UOB Malaysia not only reinforces the Bank’s leadership bench strength but also reflects our commitment to building a strong and diverse leadership team and to shaping a workforce that recognises gender equality.”

In her 25 years of banking experience, Ms Ng had spent six years at UOB Malaysia until 2006. Following various leadership roles at other global financial institutions in Malaysia and Hong Kong, she returned to UOB Malaysia in 2019 as Managing Director and Country Head of Wholesale Banking.

“Wei Wei is a home-grown talent, having honed her banking skills at UOB Malaysia in the earlier part of her career. Since returning to UOB, she has been instrumental in driving our Wholesale Banking business, most recently in steering the support for our customers to overcome the financial challenges caused by the pandemic. With her broadened mandate as Deputy CEO, I am confident her expertise and experience will contribute more widely to UOB Malaysia as we continue to build our capability and capacity in forging a sustainable future for our customers and stakeholders,” Mr Wong said.

Ms Ng graduated from the Monash University of Melbourne, Australia with a Bachelor’s Degree in Commerce, having double majored in Accounting and Management. 

About UOB Malaysia

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) was incorporated in 1993 but has had presence in Malaysia since 1951. Today, UOB Malaysia is the largest foreign bank operating in Malaysia by total assets, loans and deposits and has 45 branches across the country offering both conventional and Islamic banking services. It offers an extensive range of financial products and services through its branches and subsidiaries such as corporate and commercial lending, investment banking, treasury services, trade services, cash management, custody services, home loans, credit cards, wealth management, and bancassurance products.

UOB Malaysia is rated among the top banks in Malaysia with a long-term AAA rating from Ratings Agency of Malaysia. Guided by our rich heritage and values, we have built lasting relationships with our customers and continue to ensure we act in their best interest by delivering solutions that meet their financial goals and suit their lifestyles and preferences. 

UOB Malaysia is a subsidiary of UOB, a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues.

UOB believes in being a responsible financial services provider and is committed to making a difference in the lives of its stakeholders and in the communities in which it operates. Just as it is dedicated to helping its customers manage their finances wisely and to grow their businesses, UOB is steadfast in its support of social development, particularly in the areas of art, children and education. 

For further information, please visit www.uob.com.my 

Source: UOB Malaysia

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Nizam Arop
Strategic Communications and Brand
Tel: 03-9195 2786/ 017-333 6329
Email: nizam.arop@uob.com.my

Name: Averlyn Lim
Strategic Communications and Brand
Tel: 03-9195 2793 / 018-229 9168
Email: averlyn.limsl@uob.com.my 

--BERNAMA