Change - Announcement of Cessation::Chairman Emeritus Dr Wee Cho Yaw to Retire

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Nov-2017 19:36:07
Status
New
Announcement Sub Title
Chairman Emeritus Dr Wee Cho Yaw to Retire
Announcement Reference
SG171102OTHR493I
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement.

Additional Details

Name Of Person
Wee Cho Yaw
Age
88
Is effective date of cessation known?
Yes
If yes, please provide the date
20/04/2018
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?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
14/05/1958
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
8
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
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?
Yes
Shareholding Details
Direct : 21,136,589
Indirect : 283,788,114
Past (for the last 5 years)
See Appendix A
Present
See Appendix A

Attachments

Appendix A - Present and Past Directorships of Wee Cho Yaw.pdf
Total size =16K