Leong Yung Chee to Succeed Lee Wai Fai as UOB's CFO

UOB has announced the appointment of Leong Yung Chee as the new Group Chief Financial Officer, succeeding Lee Wai Fai, who is set to retire on April 21, 2025, after two decades in the role. Leong, who is currently the Head of Group Corporate Banking, will officially assume the CFO position on April 22, 2025. Until then, he will work as the CFO-designate to facilitate a smooth transition. With 25 years of experience in financial services, encompassing corporate and investment banking, strategic transformation, and restructuring, Leong brings significant expertise to the CFO role. Since joining UOB in 2016, he has overseen relationships with major corporate clients across 19 markets, including Southeast Asia and Greater China. As CFO, Leong will be responsible for overseeing UOB's financial strategy, treasury, and data management, and aligning these with the bank's business transformation and innovation objectives. The transition reflects UOB’s commitment to strengthening its leadership in the ASEAN region and providing sustainable value to stakeholders. Meanwhile, Edmund Leong will assume the role of Head of Group Corporate Banking from April 22, 2025, alongside his current duties as Head of Group Investment Banking. Lee Wai Fai, post-retirement, will continue to oversee UOB's Corporate Real Estate and Services, and Asset Management sectors.