UOB appoints Leong Yung Chee as new Group CFO. Outgoing Group CFO Lee Wai Fai will continue to oversee the Corporate Real Estate and UOB AM.

United Overseas Bank announced that Leong Yung Chee, the current Head of Group Corporate Banking, will be appointed as its new Group Chief Financial Officer (CFO), with effect from April 22, 2025. He will succeed Lee Wai Fai, who will retire from his role as CFO after 20 years.

Leong will work alongside Lee as CFO-designate with immediate effect, before he assumes official responsibilities as CFO on April 22, 2025. Leong has 25 years of experience in financial services, including leadership roles in corporate and investment banking, mergers and acquisitions, strategic transformation, and restructuring.

He joined UOB in 2016 as its Head of Group Corporate Banking after 15 years with several international banks.

As Head of Group Corporate Banking, Leong manages banking relationships with large corporates across all of the 19 markets UOB operates in, including the bank’s key markets in Southeast Asia and Greater China.

In his new role as Group CFO, Leong will steer the bank’s financial strategy to align with efforts in business transformation and innovation across the group. He will oversee core functions including finance, treasury and data management.

Leong Yung Chee

The bank also announced that Edmund Leong will be appointed as the new Head of Group Corporate Banking, from April 22, 2025, in addition to his current role as Head of Group Investment Banking.

Edmund Leong joined the Bank in 2015 after 16 years specialising in capital markets at several international banks. After his last day as CFO on April 21, 2025, Lee will continue to oversee the Corporate Real Estate and Services function and UOB Asset Management. 

Lee has been with UOB since 1989 and has held various senior positions including Head of International Division, Deputy Chief Executive Officer of UOB Radanasin Bank, Head of Financial Control and Head of Policy and Planning Division. He was appointed CFO in 2005. 

Lee Wai Fai 

Photos: UOB