#460
Teh Hong Piow
Overview
- Source of Wealth
- banking
- Industry
- Finance & Investments
- Residence
- Education
- University of Malaya (Bachelor of Arts/Science)
- Children
- 4
Assets
- LPI Capital Bhd175,896,000 shares @ --8621-MY
- Public Bank Bhd4,331,930,000 shares @ --1295-MY
Biography
For decades Teh Hong Piow chaired Malaysian banking behemoth Public Bank, which he started in 1966.
He officially retired from Public Bank as nonexecutive chairman in 2019 and is now chairman emeritus. Deputy chairman Lai Wan took over as nonexecutive chairman.
In addition to Malaysia, the bank serves millions of customers across Cambodia, China, Hong Kong, Sri Lanka and Vietnam.
Teh still has substantial stakes in the bank as well as in the listed insurance business, LPI Capital, where he is non executive chairman.
About
Teh started his career as a clerk with Oversea-Chinese Banking Corp.
He studied at the Anglo-Chinese School in Singapore.