SINGAPORE, Aug 18 (Reuters) – Singapore’s United Overseas Bank, or UOB, has appointed Tan Choon Hin as head of ASEAN and Greater China, effective September 1, it said in a statement on Tuesday.
Here are more details:
• The new role will see Tan, who is currently UOB’s deputy chief risk officer, drive the bank’s regional business, including its fully-owned subsidiaries in Malaysia, Indonesia, Thailand, Vietnam and mainland China, as well as its branches in Hong Kong and Taiwan.
• It comes as UOB seeks to deepen its regional connectivity and capture the growing cross-border flows between ASEAN and Greater China.
• Tan will also oversee the bank’s foreign direct investment (FDI) advisory unit, which helps companies seize cross-border growth opportunities by connecting them to ecosystem partners and industry networks across ASEAN and Greater China.
• In the past six months, its FDI advisory unit has supported more than 300 cross-border expansion plans, with projected investments of S$5.6 billion ($4.38 billion).
• Tan will report to UOB’s CEO Wee Ee Cheong.
($1 = 1.2774 Singapore dollars)
(Reporting by Rae WeeEditing by Shri Navaratnam)
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