Billionaire Profile
Wee Ee Chao
Global Rank
#2008

Image: Public domain | via Wikimedia Commons

Wee Ee Chao

CEO, UOB Kay Hian Holdings
SG
Real-Time Net Worth
$1.9B
As of December 2025
Age
69
Source
Banking
Industry
finance-investments
Citizenship
SG

Biography

Wee Ee Chao, a prominent figure in Singapore's financial sector, has built a significant fortune primarily through his career in banking. As chairman of United Overseas Bank Kay Hian and Haw Par Corporation, he has steered these organizations through decades of growth and expansion. His career spans over four decades, demonstrating his deep understanding of the financial markets and strategic acumen. With a net worth of $1.9 billion, as of December 2025, he continues to be a key player in the region's financial landscape, and also has a strong interest in community and the arts.

Wealth Over Time

In-Depth Profile

Early Life and Education

Wee Ee Chao was born in Singapore in 1955. He is the son of the late Wee Cho Yaw, a banking tycoon, and the grandson of Wee Kheng Chiang, the founder of United Overseas Bank (UOB). Wee Ee Chao holds a Bachelor of Business Administration from American University.

Rise to Success

Wee Ee Chao has spent over four decades in the financial industry, primarily contributing to the growth of UOB Kay Hian, one of Asia's largest brokerages. He has held key leadership roles throughout his career and, in 2024, succeeded his father as chairman of Haw Par Corporation. His career also included a stint as chairman of the Singapore Tourism Board from 2002 to 2004. Wee Ee Chao's success is rooted in his deep understanding of the banking sector and his strategic leadership.

Key Business Strategies

Wee Ee Chao's business strategies have focused on expanding UOB Kay Hian's reach and influence. He has leveraged his extensive network and experience to drive growth. His leadership in Haw Par Corporation further demonstrates his diverse business interests. He has also been involved in investment and real estate development through his board position at the UOL Group.

Philanthropy

Wee Ee Chao has been active in supporting educational and community initiatives, including through the Wee Foundation, which has contributed to philanthropic causes, supporting educational initiatives and entrepreneurship training.

Career Milestones

1981

Joined Kay Hian & Co

Began career as Managing Director.

1996

Chairman of Kay Hian Holdings

Appointed chairman.

2000

Chairman of UOB-Kay Hian Holdings

Appointed chairman when the latter was formed following the merger of UOB Securities and Kay Hian Holdings

2002-2004

Chairman of the Singapore Tourism Board

Served as chairman.

2024

Chairman of Haw Par Corporation

Replaced his father as chairman

Philanthropy & Social Impact

Education & Community Support

Wee Foundation Contributions

$XB

Supports educational initiatives and entrepreneurship training.

Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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