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Tan Sri Dato' Sri Dr. Teh Hong Piow
Non-Independent Non-Executive Chairman

Tan Sri Dato' Sri Dr. Teh Hong Piow, aged 84, began his banking career in 1950 and has 64 years' experience in the banking and finance industry. He founded Public Bank in 1965 at the age of 35. He was appointed as a Director of Public Bank on 30 December 1965 and had been the Chief Executive Officer of Public Bank since its commencement of business operations in August 1966. He was re-designated as Chairman of Public Bank and Chairman of Public Bank Group with effect from 1 July 2002. He serves as Chairman of the Board Executive Committee and the Group Human Resource Committee.

Tan Sri Teh had won both domestic and international acclaim for his outstanding achievements as a banker and the Chief Executive Officer of a leading financial services group. Awards and accolades that he had received include:

  • Asia's Commercial Banker of the Year 1991
  • The ASEAN Businessman of the Year 1994
  • Malaysia's Business Achiever of the Year 1997
  • Malaysia's CEO of the Year 1998
  • Best CEO in Malaysia 2004
  • The Most PR Savvy CEO 2004
  • The Asian Banker Leadership Achievement Award 2005 for Malaysia
  • Award for Outstanding Contribution to the Development of Financial Services in Asia 2006
  • Lifetime Achievement Award 2006
  • Award for Lifetime Achievement in Corporate Excellence, Dedication and Industry 2006
  • Asia's Banker of High Distinction Award 2006
  • The BrandLaureate Brand Personality Award 2007
  • ASEAN Most Astute Banker Award 2007
  • Lifetime Entrepreneurship Achievement Award 2007
  • The Pila Recognition Award 2007
  • Asian Banker Par Excellence Award 2008
  • Best CEO in Malaysia 2009
  • Asia's Banking Grandmaster 2010
  • Asian Corporate Director Recognition Award 2010 for Malaysia
  • Value Creator: Malaysia's Outstanding CEO 2010
  • The BrandLaureate - Tun Dr. Mahathir Mohamad Man of the Year Award 2010 - 2011
  • Best CEO (Investor Relations) 2011 for Malaysia
  • Asian Corporate Director Recognition Award 2011 for Malaysia
  • The BrandLaureate Premier Brand Icon Leadership Award 2011
  • Best CEO (Investor Relations) 2012 for Malaysia
  • Asian Corporate Director Recognition Award 2012 for Malaysia
  • Best CEO (Investor Relations) 2013 for Malaysia
  • Asian Corporate Director Recognition Award 2013 for Malaysia
  • BrandLaureate Banker of the Year Award 2012 - 2013
  • Best CEO (Investor Relations) 2014 for Malaysia
 

Tan Sri Teh was awarded the Medal 'For the Course of Vietnamese Banking' by the State Bank of Vietnam in 2002 for his contributions to the Vietnamese banking industry over the past years. Tan Sri Teh was conferred the Recognition Award 2007 by the National Bank of Cambodia in appreciation of his excellent achievement and significant contribution to the banking industry in Cambodia.

In recognition of his contributions to society and the economy, he was conferred the Doctor of Laws (Honorary) from University of Malaya in 1989.

He had served in various capacities in public service bodies in Malaysia; he was a member of the Malaysian Business Council from 1991 to 1993; a member of the National Trust Fund from 1988 to 2001; a founder member of the Advisory Business Council since 2003; and is a member of the IPRM Accreditation Privy Council.

He is an Emeritus Fellow of the Malaysian Institute of Management and is a Fellow of the Institute of Bankers Malaysia; the Chartered Institute of Bankers, United Kingdom; the Institute of Administrative Management, United Kingdom; and the Institute of Chartered Secretaries and Administrators, Australia.

His directorships in other companies within the Public Bank Group are as Chairman of Public Investment Bank Bhd, Public Mutual Bhd, Public Islamic Bank Bhd, Public Financial Holdings Ltd, Public Bank (Hong Kong) Ltd and Cambodian Public Bank Plc, and several other subsidiaries of Public Bank. His directorships in other public companies are as Chairman of LPI Capital Bhd and Lonpac Insurance Bhd.

 
Tan Sri Datuk Seri Utama Thong Yaw Hong
Non-Independent Non-Executive Co-Chairman

Tan Sri Datuk Seri Utama Thong Yaw Hong, aged 84, was appointed as a Director of Public Bank on 23 June 1986 and was made its Chairman in October 1986. He was re-designated as Co-Chairman of Public Bank with effect from 1 July 2002. He was re-designated from Independent Non-Executive Director to Non-Independent Non-Executive Director with effect from 21 April 2014. He is a member of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Risk Management Committee.

He graduated with a Bachelor of Arts (Honours) degree in Economics from University of Malaya and a Master's degree in Public Administration from Harvard University. He attended the Advanced Management Program at Harvard Business School. In June 1998, he was appointed a Pro-Chancellor of University Putra Malaysia from which he had retired in end June 2006. In September 2006, he was conferred the Doctor of Economics (Honorary) from University Putra Malaysia.

 

He has had a distinguished career with the Government of Malaysia, primarily in the fields of socio-economic development planning and finance. He had served in the Economic Planning Unit in the Prime Minister's Department since 1957 and became its Director-General from 1971 to 1978 and served as Secretary-General, Ministry of Finance from 1979 until his retirement in 1986.

Tan Sri Thong also serves as member on the Boards of Trustees of Program Pertukaran Fellowship Perdana Menteri Malaysia and Tun Razak Foundation, among others. He is a member of the National Economic Council and is also a Senior Member of the Working Group of the Executive Committee for the National Economic Council. He is a Distinguished Fellow of the Institute of Strategic and International Studies (ISIS) Malaysia and is also a Fellow of the Institute of Bankers Malaysia.

His directorships in other companies within the Public Bank Group are as Co-Chairman of Public Investment Bank Bhd, Public Mutual Bhd, Public Financial Holdings Ltd, Public Bank (Hong Kong) Ltd, Cambodian Public Bank Plc and as Chairman of Campu Lonpac Insurance Plc and Campu Securities Plc; he is also a Director of Public Islamic Bank Bhd and several other subsidiaries of Public Bank. Other public companies in which he serves are as Co-Chairman of LPI Capital Bhd and Lonpac Insurance Bhd and as Director of Batu Kawan Bhd, Kuala Lumpur Kepong Bhd, Glenealy Plantations (Malaya) Bhd and Malaysian South-South Corporation Bhd. He is also the Chairman of Malaysia Property Incorporated.

 
Tan Sri Dato' Sri Tay Ah Lek
Managing Director/Chief Executive Officer
Tan Sri Dato' Sri Tay Ah Lek, aged 71, has 53 years' experience in the banking and finance industry. He was appointed as an Executive Director of Public Bank on 18 June 1997 and was re-designated as Managing Director/Chief Executive Officer with effect from 1 July 2002. He joined the Public Bank Group as a pioneer staff in 1966. He was the Executive Vice-President of Public Bank from 1995 to 1997 and prior to this appointment, he was the Executive Vice-President of the former Public Finance Berhad. He is a member of the Board Executive Committee. He is the Chairman of the Credit Committee, the IT Steering Committee, the Assets & Liabilities Management Committee, the Share Investment Committee, the Operational Risk Management Committee, the Business Continuity Management Committee, and the Losses and Claims Committee, and is a member of the Group Human Resource Committee.
 

He holds a Master's degree in Business Administration from Henley, United Kingdom and attended the Advanced Management Program at Harvard Business School. He is an Emeritus Fellow of the Malaysian Institute of Management and is a Fellow of CPA Australia, the Financial Services Institute of Australasia, and the Institute of Bankers Malaysia.

He is presently the Chairman of the Association of Hire Purchase Companies Malaysia and is a Member of the National Payments Advisory Board.

His directorships in other companies in the Public Bank Group include as Director of Public Investment Bank Bhd, Public Mutual Bhd, Public Islamic Bank Bhd and Public Bank (Hong Kong) Ltd. His directorships in other public companies are in Cagamas Holdings Bhd, ASEAN Finance Corporation Ltd and Financial Mediation Bureau.

 
Dato' Sri Lee Kong Lam
Non-Independent Non-Executive Director

Dato' Sri Lee Kong Lam, aged 72, has 46 years' experience in the banking and finance industry. He joined Public Bank in November 1996 as General Manager and was subsequently appointed Senior General Manager in 1997 and Executive Vice-President in 1998. He was appointed as an Executive Director of Public Bank on 28 November 2001 and was re-designated as Executive Director/Deputy Chief Executive Officer with effect from 1 October 2013. He was re-designated from Executive Director/Deputy Chief Executive Officer to Non-Independent Non-Executive Director of Public Bank with effect from 28 November 2013, following his retirement as Deputy Chief Executive Officer of Public Bank with effect from 28 November 2013. He is a member of the Audit Committee, the Nomination Committee, the Remuneration Committee, the Risk Management Committee and the Credit Risk Management Committee.

 

Prior to joining Public Bank, he was with Bank Negara Malaysia (BNM) and was involved primarily in the supervision and examination of banking institutions. He retired in August 1996 as the Head of BNM's Examination Department and as a member of BNM's Management Committee.

He is a Fellow of CPA Australia and the Chartered Institute of Bankers, United Kingdom; and a Chartered Accountant of the Malaysian Institute of Accountants.

His directorships in other companies within the Public Bank Group are as Director of Public Investment Bank Bhd, Public Mutual Bhd, Public Islamic Bank Bhd, Public Bank (L) Ltd, PB Trust (L) Ltd, Cambodian Public Bank Plc, Campu Lonpac Insurance Plc and Campu Securities Plc, and several other subsidiaries of Public Bank.

 
Dato' Haji Abdul Aziz bin Dato' Dr. Omar
Non-Independent Non-Executive Director

Dato' Haji Abdul Aziz bin Dato' Dr. Omar, aged 66, was appointed as an Independent Non-Executive Director of Public Bank on 5 January 2000. He was re-designated as Non-Independent Non-Executive Director with effect from 5 January 2014. He is the Co-Chairman of the Credit Risk Management Committee, and is a member of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Risk Management Committee.

He qualified as a Chartered Accountant from the Institute of Chartered Accountants in England & Wales, and is also a Chartered Accountant of the Malaysian Institute of Accountants.

During his previous banking experiences, he became a Fellow of the Institute of Bankers Malaysia. He was the President and Chief Executive Officer of a Malaysian bank from 1986 to 1993. His 45 years' experience also include the areas of audit and accounting, taxation, property, plantation, hotelling, trading and manufacturing, both locally and abroad.

His directorships in other companies within the Public Bank Group are as Co-Chairman of Public Islamic Bank Bhd and as Director of Public Investment Bank Bhd, Public Mutual Bhd, PB Trustee Services Bhd and AIA PUBLIC Takaful Bhd. His directorships in other public companies are in LPI Capital Bhd and Lonpac Insurance Bhd.

 
Tang Wing Chew
Independent Non-Executive Director

Tang Wing Chew, aged 69, was appointed as a Director of Public Bank on 29 March 2011. He serves as the Chairman of the Audit Committee and is a member of the Nomination Committee, the Remuneration Committee and the Risk Management Committee.

He graduated with a Bachelor of Arts (Honours) degree from the University of Malaya.

He has 47 years' experience in the financial services industry, ranging from research, management and project studies, training, mergers and integration, and stewardship of financial institutions. He joined Bank Negara Malaysia (BNM) in 1966 as an Assistant Economist in the Economic Research Department. During his 18 years of service with BNM, he also served as Manager (Penang Branch), Principal (BNM Staff Training Centre) and Manager (Operational Planning Division).

He had working experience in two finance companies, where he was the Chief Executive Officer and General Manager (Operations). Mr Tang had also served as an Executive Adviser and the Chief Executive Officer of an insurance company.

 

At Board level, he also served as an Independent Non-Executive Director in two general insurance companies and in a leasing and credit company.

His directorships in other companies within the Public Bank Group are as Director of Public Investment Bank Bhd, Public Islamic Bank Bhd, Public Bank (L) Ltd, Public Financial Holdings Ltd and Public Bank (Hong Kong) Ltd. His directorship in other public company is in Cagamas Bhd.

 
Lai Wan
Independent Non-Executive Director

Lai Wan, aged 71, was appointed as a Director of Public Bank on 26 April 2012. He serves as the Chairman of the Nomination Committee and the Remuneration Committee. He is a member of the Audit Committee and the Risk Management Committee.

He graduated with a Bachelor of Arts (Honours) degree in Economics from the University of Malaya. He is a member of Institut Bank-Bank Malaysia.

Mr Lai has 40 years of experience in the banking and finance related industries. He had served Bank Negara Malaysia for 20 years and the last position held before his resignation in 1985 was as the Deputy Manager, Bank Examination and Internal Audit Department.

Mr Lai had working experience in three finance companies from 1985 to 1994 where he had held senior management positions.

Mr Lai was appointed the President/Chief Executive Officer of a Malaysian bank in 1997 until his retirement on 31 December 2000.

Upon retirement from full time employment, Mr Lai continued to be engaged in finance related industries through his directorships in various companies.

His directorships in other companies within the Public Bank Group are as Director of Public Islamic Bank Bhd, Public Bank (L) Ltd, Public Financial Holdings Ltd and Public Bank (Hong Kong) Ltd.

 
 
Lai Wai Keen
Independent Non-Executive Director

Lai Wai Keen, aged 59, was appointed as a Director of Public Bank on 29 May 2012. She serves as the Chairman of the Risk Management Committee and is a member of the Audit Committee, the Nomination Committee and the Remuneration Committee.

Ms Lai holds a Bachelor of Economics (Honours) – Business Administration degree from the University of Malaya and a LLB degree from the University of London.

She possesses extensive experience with Bank Negara Malaysia (BNM) and Perbadanan Insurans Deposit Malaysia (PIDM), concentrated in senior management and project leader positions, including significant central banking assignments.

Ms Lai has over 20 years of banking regulatory experience with BNM, including in bank regulation, corporate communications, international negotiations and relations, deposit insurance systems and protection scheme for insurance policy holder.

She was seconded to PIDM as General Manager, Policy and International in 2005 until her retirement in January 2011.

Her directorship in other company within the Public Bank Group is as Director of Public Investment Bank Bhd.

 
 
Cheah Kim Ling
Independent Non-Executive Director

Cheah Kim Ling, aged 57, was appointed as a Director of Public Bank on 29 April 2014. She is a member of the Audit Committee and the Risk Management Committee.

Ms Cheah holds a Bachelor of Accounting Honours from the University of Malaya and is also a Chartered Accountant of the Malaysian Institute of Accountants.

She had served Bank Negara Malaysia (BNM) for 32 years whereby she was involved in all aspects of banking regulation from formulation of policies/regulations/guidelines, administration of different legislations governing the commercial banks, merchant banks, finance companies and discount houses, resolution of problem institutions, crisis management in the mid-1980s and the Asian financial crisis in 1997, consumer protection to development of bond markets.

Ms Cheah was also involved in formulating and executing strategies and policies for payment systems, administering the legislations, oversight of the payment systems and payment instruments, development of the payment infrastructure to support developments in the financial system and promoted the migration to electronic payments.

 



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