HLBB NAMES KEVIN LAM SAI YOKE AS GROUP MD, CEO EFFECTIVE JULY 1

KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Bank Bhd (HLBB) has appointed Kevin Lam Sai Yoke as its new group managing director (MD) and chief executive officer (CEO) effective July 1, 2023.

In a statement today, the bank said Lam would succeed Domenic Fuda, who will retire from the same post effective June 30, 2023.

It said Lam would bring with him over 30 years of banking, technology and leadership experience across regional and international banks in several geographies.

“Prior to joining HLBB, Lam served as the head of TMRW group digital banking of United Overseas Bank Ltd (UOB) for its key regional markets based in Singapore.

“He (had previously) worked in various Asean markets for a decade, including in Jakarta as the president director of UOB Indonesia and in Kuala Lumpur, where he headed the personal financial services at UOB Malaysia and later served as its deputy chief executive officer, overseeing its wholesale banking business and technology and operations (segments),” it said.

Meanwhile, HLBB said it expressed its gratitude to Fuda for his leadership and achievements and wish him success as he embarked on the next phase of his life.

The bank said Fuda had spearheaded its growth with a very strong focus on customer-centric solutions, technology and digital investments and sustainability as strategic pillars for its current and future growth.

It said under Fuda’s leadership, the bank had seen the transformation of delivery channels, strong compliance and risk management foundations, industry-leading strategic initiatives to meet the ESG agenda and leading financial metrics in productivity and consistent returns.

Commenting on the announcement, Fuda said he had been privileged to lead HLBB through a period of significant digital and technological transformation, changes in customers’ preferences and needs and the unprecedented pandemic period as well as the initial stages of the multi-year environmental and social and governance (ESG)/sustainability journey.

-- BERNAMA