UOB appoints new head of Asean and Greater China
SINGAPORE — Singapore's United Overseas Bank, or UOB, has appointed Tan Choon Hin as ‌head of the Association of Southeast...
United Overseas Bank (UOB) in Singapore has appointed Tan Choon Hin as the head of the Association of Southeast Asia (ASEAN) and Greater China region, beginning September 1. Tan, currently UOB's deputy chief risk officer, will oversee the bank's regional operations, including its subsidiaries in Thailand, Malaysia, Indonesia, Vietnam, and mainland China, as well as branches in Hong Kong and Taiwan.
This appointment aligns with UOB's strategy to strengthen its regional presence and capitalize on the increasing cross-border financial flows between ASEAN and Greater China. In his new role, Tan will also lead the bank's foreign direct investment (FDI) advisory unit, which assists companies in seizing cross-border growth opportunities by connecting them to partners and networks across ASEAN and Greater China.
Over the past six months, the FDI unit has supported more than 300 cross-border expansion plans, with investments projected at S$5.6 billion (US$4.38 billion). Tan will report directly to UOB CEO Wee Ee Cheong. Tan Choon Hin previously received the "2023 CEO of the Year Award for Innovative Financial Visionary" from the Bangkok Post while serving as president and CEO of UOB Thailand, where he has been the top executive since 2016.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.