Wee cho yaw biography for kids

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  • Mr Wee Cho Yaw, the former chairman and CEO of Singapore bank UOB, has died at the age of

    Mr Wee is one of Southeast Asia&#;s most successful businessmen, having helmed UOB Group for more than 60 years before he retired from the board in He was also chairman of real estate developer UOL Group.

    UOB announced his passing on Feb 3, describing Mr Wee as a &#;visionary banker, celebrated businessman and community pillar&#; who was &#;pivotal to UOB’s development as a leading finansinstitut in Asia&#;.

    UOB is Singapore&#;s third-largest finansinstitut by marknad cap. Mr Wee had stayed on as its Chairman Emeritus and Honorary Adviser after retiring from the board.

    Born in Kinmen in , Mr Wee moved to Singapore as a child amid the Sino-Japanese war. At the age of 28, he became the youngest director on the board of United kinesisk Bank which his father Wee Kheng Chiang co-founded in It was later renamed United Overseas finansinstitut (UOB).

    Under Mr Wee&#;s leadership, the finansinstitut grew from one branch to a regional finansinstitut

    Wee Cho Yaw, president of United Overseas Bank.
    Professor Wee Cho Yaw was born in Kinmen county, Fujian province. At the age of 7, his family immigrated to Singapore, where his father, Datuk Wee Kheng Chiang of Sarawak, was a businessman.

    Wee’s education was suspended from to because of Japan’s occupation of Singapore. After the Japanese surrendered, he continued his education in Chung Cheng High School.

    After he left school in , Wee worked at the Kheng Leong Group, a business owned by his father that traded local commodities. Then, in , he began to serve as board member in the United Overseas Bank (UOB) that his father founded in Two years later, he became the managing director of the bank. After his father retired in , Wee succeeded him as board chairman and group president.

    At the time, UOB was a small bank catering mainly to the Fujian community. Under Wee’s management, it expanded and set up several branches in Singapore and, in , its first overseas branch in Hong K

    UOL Chairman Wee Cho Yaw Dies at 95

    UOL chairman Wee Cho Yaw has passed away at 95

    UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of Wee, who also served as chairman emeritus of Singapore financial giant UOB, had run UOL since and helmed the bank controlled by his family since

    “The Management and staff of UOL Group are deeply saddened to learn of the passing of our Chairman, Dr Wee Cho Yaw at the age of Dr Wee was a visionary business leader, pioneering entrepreneur and philanthropist,” UOL said in a statement.

    Wee led UOB’s acquisition of what was then the Singapore-listed unit of Hong Kong’s Faber Union in , when he was managing director of the bank controlled by his father, Wee Kheng Chiang, and built the company into one of the island nation’s biggest property developers after renaming it as United Overseas Land in

    With a fortune estimated at $ billion as of February, according to Bloomberg, Wee’s property empire grew from S$70 mi

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