Singapore-based UOB has announced the promotion of a corporate banker to become the group’s chief financial officer.

UOB has appointed Leong Yung Chee as group chief financial officer (CFO), according to a statement, effective 22 April 2025.

Leong has 25 years of experience and he has been UOB’s head of group corporate banking since joining the Singapore lender in 2016. Prior to that, he had 15 years of experience with several international banks.

Internal Reshuffle

Leong succeeds Lee Wai Fai who will continue to oversee the corporate real estate and services function as well as UOB Asset Management. He will also work alongside Leong, who has been named CFO-designate with immediate effect. Lee has been with UOB since 1989 and held various senior positions before becoming CFO in 2005.

Edmund Leong will be appointed as the new head of group corporate banking, also effective April 22 next year, in addition to his current role as head of group investment banking. He joined UOB in 2015 after 16 years specializing in capital markets.

«As part of our commitment to creating long-term value and addressing the evolving needs of our growing regional customer base, we are refreshing our senior management team to ensure leadership continuity and to drive progressive growth,» said UOB deputy chair and CEO Wee Ee Cheong. «This transition enables us to scale our ASEAN franchise and deliver sustainable value to all stakeholders.»