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Public Bank's Teh Hong Piow to step down as chairman on Jan 1, 2019

Mimi Sabreena 5:59:00 PM Informasi

KUALA LUMPUR (July 31): Tan Sri Dr Teh Hong Piow, the founder and chairman of Public Bank Bhd, is to step down from that role in January 2019, more than a year from now.

In a filing with Bursa Malaysia today, Public Bank said Teh will be bestowed the title of chairman emeritus on Jan 1, 2019 when he retires as chairman of the country's third largest bank by assets. This is in recognition of his par excellence contributions to the group over the past 51 years since he founded Public Bank on Dec 30, 1965.

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