Early Life
Diona Teh Li Shian is the youngest daughter of the late Teh Hong Piow, a highly respected figure in Malaysian finance. Her father founded Public Bank in 1966 and built it into a leading financial institution. Diona was born in January 1990.
Rise to Success
Diona's wealth stems from her inheritance of her father's substantial stake in Public Bank. Upon Teh Hong Piow's death in 2022, his shares were passed on to his four children, including Diona. While not directly involved in the bank's management, her ownership makes her one of Malaysia's wealthiest individuals.
Key Business Strategies
The core of Diona's wealth is the result of the successful business strategies implemented by her father. His focus on disciplined management, high returns, and a strong corporate culture helped Public Bank achieve exceptional financial performance. Notably, Public Bank has maintained an unbroken profit streak and has been praised for its efficiency. The family's continued stake in the bank reflects the sustained success of her father's vision.
Philanthropy
Diona has followed in her father's footsteps by participating in philanthropic endeavors. In December 2023, she made significant contributions totaling RM145.2 million (approximately $30.7 million USD) to two hospitals and ten charities, continuing her father's legacy of compassion and generosity.
