Singapore-based United Overseas Bank has announced the appointment of a chief executive for Thailand.
UOB has appointed Richard Maloney as Thailand CEO, according to a statement, effective July 1. In the role, he will lead efforts to deepen UOB Thailand’s digital capabilities, expand its product offerings as well as connect clients to market opportunities in the country and across the group’s regional network.
Maloney has 40 years of experience in wholesale banking, capital markets and retail banking. He joined UOB in 2014 as chief operating officer of group wholesale banking. He also led business support functions including infrastructure, product development projects, anti-financial crime operations and data monetization.
Management Reshuffle
Maloney succeeds Tan Choon Hin who will return to Singapore to become deputy head of group governance, risk and compliance. Following the appointment, Vira-Anong Phutrakul will also become head of wholesale banking and deputy chief executive of UOB Thailand.
«As a seasoned banker, Richard is well-placed to lead the next phase of growth in our Thailand franchise along with Vira-Anong, also an industry veteran,» said UOB deputy chairman and CEO Wee Ee Cheong.
