Change - Announcement of Cessation::Chairman Emeritus Dr Wee Cho Yaw to Retire
Issuer & Securities
UNITED OVERSEAS BANK LIMITED
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Chairman Emeritus Dr Wee Cho Yaw to Retire
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Name Of Person
Wee Cho Yaw
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Dr Wee Cho Yaw will retire after having served on the Board for 6 decades.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Role and responsibilities
Chairman of Board Risk Management Committee
Member of Strategy Committee, Board Credit Committee, Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Father of CEO and Substantial Shareholder Wee Ee Cheong
Shareholding interest in the listed issuer and its subsidiaries?
Direct : 21,136,589
Indirect : 283,788,114
Past (for the last 5 years)
See Appendix A
See Appendix A
Appendix A - Present and Past Directorships of Wee Cho Yaw.pdf
Total size =16K