Wednesday, 9 October 2013

Background of Public Bank founder --- Tan Sri Dato' Seri Teh Hong Piow


Earlier life
Tan Sri Dato’ Seri Dr. Teh Hong Piow was born in Singapore in 1930 and he studied at the Anglo-Chinese School together with his wife, Puan Sri Tay Sock Noy, they are blessed with 3 daughters and a son.
Working life
Tan Sri Dato’ Seri Dr. The started involved in banking industries when he was work as a Bank Clerk with Overseas-Chinese Banking Corporation (OCBC). His talent and hard work earned him promotions where in 5 years he became the officer of the bank. After that, he quit his job at OCBC because his gets offers as a manager with Malayan Banking Berhad. When he was 34 years old, he was promoted to become the General Manager making him one of the youngest managers at Malayan Banking.
Becomes entrepreneur and succeed
In 1965, Tan Sri Dato’ Seri Dr. Teh leave Malayan Banking and start his own company which was Public Bank. Within 5 months, it was making money and a year later it when public. Nowadays, he has been Chairman of Lonpac Insurance Bhd, a wholly owned subsidiary of LPI Capital Bhd. He also was Non-Executive Chairman of Cambodian Public Bank Plc. Besides that he also serves as the Chairman of Public Financial Holdings Limited, JCG Holdings Limited , Tong Meng Industries Limited, Winton Holdings Bermuda Ltd and Public Islamic Bank Berhad.  He serves as Executive Director of Public Bank (Hong Kong) Limited, Director of Public Finance Berhad, Public Merchant Bank Berhad, Public Bank (L) Ltd., JCG Finance Company, Ltd.,and VID Public Bank.
Awards
He received recognitions and awards, include Asia's Commercial Banker of the Year Award 1991, the ASEAN Businessman of the Year Award 1994, Malaysia's Business Achiever of the Year Award 1997, and Malaysia's Chief Executive Officer of the Year Award 1998. He was awarded the Medal 'For the Course of Vietnamese Banking' by the State Bank of Vietnam in 2002. In recognition of his contribution to society and the economy, he conferred the Doctor of Laws (Honorary) from University of Malaya in 1989.


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