Change - Announcement of Cessation::Cessation of Group Chief Financial Officer

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Dec-2024 17:06:12
Status
New
Announcement Sub Title
Cessation of Group Chief Financial Officer
Announcement Reference
SG241213OTHRZSD8
Submitted By (Co./ Ind. Name)
Jeffrey Beh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lee Wai Fai as Group Chief Financial Officer

Additional Details

Name Of Person
Lee Wai Fai
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
21/04/2025
Detailed Reason (s) for cessation
Retirement as Group Chief Financial Officer. Mr Lee will continue his oversight of the Group Corporate Real Estate and Services function and UOB Asset Management.
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
01/06/2005
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer
Role and responsibilities
Oversee core functions of finance, treasury, data management, corporate real estate services and asset management.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
UOB Ordinary Shares
Direct Interest - 423,627
Indirect Interest - 204,314
Restricted Shares - 127,489
Past (for the last 5 years)
Refer to Annex A
Present
Refer to Annex A

Attachments

Annex A.pdf
Total size =39K