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Wee Ee Cheong

Wee Ee Cheong

W. Cheong
0.12% | + $3.31M
$2.8 B ₹ 25,474 Cr
Real Time Net Worth #1474 Ranking as of 21 Feb 2026 By Forbes

More on Wee Ee Cheong

Gender

Male

Age

73Y

Country

Singapore

Born On

January, 1953

Deceased

No

Relationship Status

Married

Children

3

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Expanded Family Business)

Primary Organization

United Overseas Bank

Titles

CEO & Deputy Chairman

Sources of Wealth

United Overseas Bank

Industry

Finance, Banking

About Wee Ee Cheong


W ee Ee Cheong is a Singaporean billionaire and the patriarch of the Wee family, which controls the United Overseas Bank (UOB), one of Singapore's largest and most important banks. He is the eldest son of the late banking titan Wee Cho Yaw, who served as the bank's chairman for decades and built it into a major regional financial services group. The bank was founded by his grandfather, Wee Kheng Chiang. After his father's death, Wee Ee Cheong, along with his two siblings, inherited the family's vast fortune and their controlling stake in the bank.

Wee Ee Cheong has been deeply involved in the family's business for his entire career. He has served as the CEO and deputy chairman of UOB since 2007, taking over the day-to-day leadership from his father. As CEO, he has been responsible for steering the bank's strategy, navigating it through the global financial crisis, and overseeing its continued expansion across Southeast Asia. He is now the public face of the third generation of one of Singapore's most powerful and enduring banking dynasties.

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Quick Reads


  • CEO of United Overseas Bank (UOB), one of Singapore's largest banks.
  • He is the eldest son of the late banking patriarch Wee Cho Yaw.
  • Represents the third generation of his family to lead the bank.
  • Has served as the bank's CEO since 2007.
  • His family is one of the wealthiest in Singapore.

Early Life and Background


Wee Ee Cheong is a Singaporean businessman, the billionaire Deputy Chairman and CEO of United Overseas Bank (UOB) (SGX: U11), one of Singapore's largest financial institutions. His colossal wealth is generational, tied to the banking and property empire founded by his grandfather, Wee Kheng Chiang, in 1935.

Wee holds a B.A. in Commerce from Queen's University, Canada. His philosophical approach centers on generational stewardship, stability, and long-term commitment to financial prudence (driving UOB's strategic regional expansion). He is the son of former UOB Chairman Wee Cho Yaw.

  • United Overseas Bank (UOB) (CEO & Shareholder): The core publicly traded asset, a major provider of banking, asset management, and financial services across Southeast Asia.
  • Financial Focus: His fortune is tied to the long-term, stable profitability of the global banking and financial services sector in Asia.
  • Family Governance: He is the CEO and a key member of the Wee family, which controls a substantial stake in UOB.
  • Investment Strategy: His philosophy is rooted in long-term asset hold and conservative risk management.

Career Journey of Wee Ee Cheong


Wee Ee Cheong's strategic leadership guided UOB's transformation into a regional banking powerhouse. He assumed the CEO role and successfully guided the company's commitment to scale, regional expansion, and financial discipline. His structural contribution is immense: providing foundational stability to one of Southeast Asia's most important financial institutions and driving modernization in regional banking operations.

He remains Deputy Chairman and CEO, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability of the Southeast Asian banking and financial services sector.

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Wee Ee Cheong's Timeline


1970s (approx.):

Graduates with a B.A. in Commerce from Queen's University, Canada (Academic Achievement).

1979:

Joins United Overseas Bank (UOB) (Corporate Entry).

2007 (April):

Named CEO of UOB (Executive Apex).

Ongoing:

Continues as Deputy Chairman and CEO, guiding the global financial giant (Executive Oversight).

Major Business Ventures and Investments


Wee Ee Cheong's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded financial giant, United Overseas Bank (UOB) (SGX: U11), and his private investments.

  • United Overseas Bank (UOB) (CEO & Shareholder): The core publicly traded asset, a major provider of banking, asset management, and financial services across Southeast Asia.
  • Financial Focus: His fortune is tied to the long-term, stable profitability of the global banking and financial services sector in Asia.
  • Academic Background: He holds a B.A. in Commerce from Queen's University, Canada.
  • Investment Strategy: His philosophy is rooted in long-term asset hold and conservative risk management.

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Philanthropy and Social Impact


Wee Ee Cheong's social impact stems from UOB's role in providing essential banking and financial services that underpin economic growth and commerce across Southeast Asia. The Wee Foundation supports various initiatives focused on education, healthcare, and the arts in Singapore and the region, ensuring the continuity of the family's commitment to social contribution.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Wee Ee Cheong maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global financial sector.

Residing in Singapore, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, strategic investment, and financial prudence.

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Quotes and Philosophy


“The stability of a financial institution must always be prioritized above short-term growth; trust is the most valuable asset we protect.”

Fun Facts & Trivia


  • He is the Deputy Chairman and CEO of United Overseas Bank (UOB), one of Singapore's largest banks.
  • He holds a B.A. in Commerce from Queen's University, Canada.
  • The bank was founded by his grandfather in 1935.
  • His fortune is tied to the successful generational management and stability of the Southeast Asian banking sector.
  • He assumed the CEO role in 2007.
  • His philosophy emphasizes long-term asset hold and conservative risk management.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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