Wee Ee Cheong, deputy chairman and CEO of UOB was recognised as Best Bank CEO in Singapore 2022 for fortifying the bank’s position as the leading consumer and SME bank in Southeast Asia and led the merger and acquisition of Citi’s retail business in key ASEAN markets, its largest in a decade.
Despite China’s contribution to international trade, which has risen from 4% in 2000 to 12% in 2021, the share of RMB transactions in the global settlement remains less than 2.70% as of December 2021. With enhanced currency swap agreement taking effect on 4 January 2023, a more robust RMB offshore bond market will give the currency another boosts towards internationalisation.
More family offices have a sustainability or ESG mandate, and sustainability is a larger consideration than in the past.
Tan Kong Khoon, President and CEO of Hong Leong Financial Group has been instrumental in heading the digital transformation of the leading financial group in Malaysia, and transitioning to a green and sustainable future.
Raymond Sia Say Guan, CEO and Executive Board Director of Canadia Bank has successfully fortified the bank to become a dominant player in Cambodia’s financial services industry. The bank has focused on SME and consumer business segments, the critical sectors to the emerging economy of the country, in addition to its dominance in the corporate sector.
Bank Indonesia launched the country’s 2025 Payment System Blueprint to navigate the role of the payment system industry in the era of digital economy and finance. The blueprint contains five payment system visions implemented by five working groups: open banking, retail payment systems, financial market infrastructure, data and digitalisation, as well as regulatory, licensing, and supervisory.
Hong Kong Monetary Authority continues to bolster the territory’s position as a leader in green and sustainable finance. In December 2020, co-chaired by the Authority and Securities & Futures Commission, it published a long-term strategic plan with action points which aim to coordinate the management of climate and environmental risks, accelerate the growth of green and sustainable finance and support the government’s climate strategies.
Tan Sri Abdul Farid Alias has made a lasting contribution to the reorganisation and consolidation of Maybank as the largest financial services group in Malaysia, and one of the biggest banking groups in Southeast Asia, as well as left an indelible mark on the advancement of the Malaysian banking and financial services industry.
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