KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has promoted its head of wholesale banking, Ng Wei Wei, as the deputy chief executive officer (CEO), effective July 1, 2021.
In her new role, Ng will assist the CEO 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, Ng retains her current role as head of Wholesale Banking, wherein 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,” said UOB Malaysia in a statement today.
Meanwhile, Wong said Ng’s appointment not only reinforces the bank’s leadership bench strength but also reflected the bank’s commitment to build a strong and diverse leadership team and to shape a workforce that recognises gender equality.
In her 25 years of banking experience, 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. – Bernama