UOB announced leon yong chi He will succeed Mr. Li Wai-fai as Group Chief Financial Officer (CFO).
Mr. Lee, who has served as CFO for 20 years, will retire from his position on April 21, 2025.
Mr. Leong, who is currently Head of Group Corporate Banking, will officially assume the role of CFO on 22 April 2025 and will work with Mr. Lee as CFO-designate with immediate effect to ensure a smooth transition. It will be.
He has 25 years of experience in the financial services sector, including leadership roles in corporate and investment banking, mergers and acquisitions, strategic transformation, and restructuring.
Since joining the company UOB In 2016, he managed relationships with large enterprise clients across the bank’s 19 markets, including key regions in Southeast Asia and Greater China.
As CFO, Mr. Leong will oversee the bank’s financial strategy and align with UOB’s business transformation and innovation efforts.
His responsibilities include managing core functions such as finance, treasury, and data management.
Mr. Edmond Leon, currently Head of Group Investment Banking, will be appointed Head of Group Corporate Banking from April 22, 2025, in addition to his previous responsibilities.
After stepping down as CFO, Mr Lee will continue to oversee UOB’s corporate real estate and services and UOB asset management.
Mr Lee has been with UOB since 1989 and held senior positions including Head of International, Deputy Chief Executive Officer of UOB Radanasingh Bank and Head of Financial Management before being appointed CFO in 2005.
UOB highlighted Mr Leong’s extensive experience and said he is “well placed to align our financial strategy with business transformation and innovation.”
The bank added that the leadership changes will enable it to “expand its ASEAN franchise and deliver sustainable value to all stakeholders.”