UOB Thailand Appoint a new Managing Director

Bangkok, UOB Thailand has appointed Mr. Richard Maloney as the bank's new President. Effective from 1 July 2024 Mr. Richard will take over from Mr. Tan Chun Hin, who has held the position of President since 2016, and will return to his new role. Vice President of Group Governance, Risk and Compliance, UOB Group at head office Based in Singapore, Mr. Richard has over 40 years of experience in the banking industry, covering corporate, capital markets and retail banking. in the ASEAN region and will help increase the digital potential of UOB Thailand, increasing product benefits. and connects clients to business opportunities in Thailand and across the UOB Group's regional network. Mr. Vee Ee Chiang, Vice Chairman and Chief Executive Officer of UOB, said that after the acquisition of Citibank retail customers in Thailand. Will focus on offering a wider range of products and services to a larger client base. Mr. Richard is a seasoned banker with extensive knowledge of both corporate and retail banking. and is well suited to lead the next phase of growth for the bank's network in Thailand. Thailand is an important market for the bank's regional network. UOB has been operating in Thailand for more than 20 years and acquired Citigroup's retail banking business in Thailand in November 2022, providing additional customer service channels and a stronger partner network. Banks are therefore able to offer a wider range of products, services and benefits to an expanding customer base. Source: Thai News Agency