PETALING JAYA: Hong Leong Bank Bhd
(HLBB) has appointed Kevin Lam Sai Yoke as its new group managing director/chief executive officer (GMD/CEO) effective July 1, 2023 following the retirement of the current GMD/CEO Domenic Fuda on June 30.
Lam comes with over 30 years of experience in banking, technology and leadership across regional and international banks in several geographies, HLBB said in a filing with Bursa Malaysia yesterday.
Prior to joining HLBB, he served as the head of TMRW Group Digital Banking of United Overseas Bank Ltd for its key regional markets based in Singapore, as well as having worked in various Asean markets for a decade.
He was president director of UOB Indonesia and head of personal financial services at UOB Malaysia, where he eventually served as deputy CEO and was responsible for the group’s wholesale banking business, technology and operations.
Lam had also headed the consumer banking loans, sales and distribution segments in Singapore with UOB, after stints with various international banks and technology firms based in Singapore, Hong Kong and the United States.
After joining HLBB in 2016, Fuda spearheaded the growth of HLBB with a strong focus on customer-centric solutions, technology and digital investments as well as sustainability as strategic pillars for its current and future growth.
Under his leadership, the banking group transformed its delivery channels, strong compliance and risk management foundations and adopted industry-leading strategic initiatives in environmental, social and governance, as well as leading financial metrics in productivity and consistent returns.
“I believe that now is a good time to hand over the leadership of the bank as it embarks on its next phase of growth,” he said in a statement yesterday.
