Wee Cho Yaw, is one of the richest and most influential businessmen in the country. He is the founder and former chairman of United Overseas Bank (UOB), one of the largest banks in Asia, and the chairman of UOL Group, a leading property developer. But do you know who are the members of his family and how they are involved in his business empire?
Wee Cho Yaw Biography
Wee Cho Yaw was born in 1929 in Fujian, China. He moved to Singapore with his father, Wee Kheng Chiang, when he was a child.
His father was a successful businessman who established the Overseas Chinese Banking Corporation (OCBC) in 1932.
Wee Cho Yaw joined OCBC as a clerk in 1949 and rose through the ranks to become its general manager in 1959. In 1965, he led a group of investors to take over the United Chinese Bank (UCB), which later became UOB.
He served as UOB’s chairman from 1974 to 2013 and transformed it from a small local bank to a regional banking giant with over 500 branches in 19 countries.
But who are the members of his family, and what roles do they play in his business empire? Here is detailed information about Wee Cho Yaw Family Tree.
Wee Cho Yaw Family Tree
Wee Cho Yaw was born on January 10, 1929, to Wee Kheng Chiang, who co-founded UOB in 1935.
He joined the bank’s board of directors in 1958 and became the chairman in 1974, succeeding his father.
He led the bank through several mergers and acquisitions, expanding its presence and market share in the region.
He married Chuang Yong Eng, who was not only his life partner but also his business partner. They had five children, who all inherited their parents’ entrepreneurial spirit and business acumen.
Chuang also served on the board of Kheng Leong, the family’s investment group that owns various properties and businesses.
Their son, Wee Ee Cheong, is the current CEO of UOB, following his father’s footsteps. He has been instrumental in driving the bank’s digital transformation and innovations.
Their eldest daughter, Wee Wei Ling, is the executive director of Pan Pacific Hotels Group, which operates several hotels and resorts under the Pan Pacific and Parkroyal brands.
She has been leading the group’s growth and development strategy, as well as overseeing its operations and performance.
The other children of Wee Cho Yaw are also involved in various aspects of the family’s business empire. They include Wee Ee Lim, who is the president and CEO of Kheng Leong; Wee Ee Chao, who is the chairman and managing director of UOB-Kay Hian Holdings, a securities and investment firm; Wee Ee-cheng, who is the executive director of UOL Group, a property developer; and Wee Wei Chiok, who is a director of Haw Par Corporation, a healthcare and leisure company.
Wee Cho Yaw also has eight siblings, who have their own roles and interests in the family’s business ventures. They are Wee Bee Ngo, Wee Hood Teck, Wee Cho Bian, Wee Siok Hua, Wee Hian Teck, Wee Bee Siok, and Wee Bee Hoon.
The Wee Cho Yaw Family Tree is a remarkable example of how a family can achieve success and excellence in the banking industry.
Each member of the family has contributed to the family’s reputation and legacy in their own way, making them one of the most respected and admired families in Singapore.