Chairman of United Overseas Bank, Singapore's largest by market capitalization, founded by father and run by him for 33 years until 2007, when son Wee Ee Cheong became chief executive. Boosted stakes in property developer UOL. In April family's private real estate unit, Kheng Leong, submitted a winning bid of $193 million for a plot of land slated for condominium development.
Career
Wee joined the Board of Directors of the United Chinese Bank (now the United Overseas Bank) in 1958. He was appointed Managing Director of the bank two years later, and when his father Wee Kheng Chiang, founder of United Chinese Bank, retired in 1974, Wee succeeded him as Chairman of the Bank. His son Wee Ee Chong succeeded him as Chief Executive Officer of UOB.