Christie ChiuThe Straits TimesFeb 4, 2023

Prime Minister Lee Hsien Loong said he was “deeply saddened” by the death of billionaire Wee Cho Yaw, chairman emeritus and honorary adviser of UOB, whom he had known personally for over four decades.

Mr Wee, who helmed the UOB Group for more than 60 years before his retirement in April 2018, died on Feb 3 at the age of 95.

In a Facebook post on Feb 4, PM Lee called Mr Wee a “titan of Singapore’s banking industry” whom he had worked closely with as chairman of the Monetary Authority of Singapore, and said that he greatly valued the late tycoon’s perspectives and advice.