Richard Maloney to Lead UOB Thailand as CEO Starting July 2024

Richard Maloney to Lead UOB Thailand as CEO Starting July 2024

by June 11, 2024

UOB Thailand has announced Richard Maloney as its new Chief Executive Officer (CEO), effective 1 July 2024.

Richard Maloney

Richard Maloney

Maloney brings 40 years of experience in Wholesale Banking, Capital Markets, and Retail Banking.

Since joining UOB in 2014 as Chief Operating Officer for Group Wholesale Banking, he has driven business growth through strategic development and execution.

Prior to UOB, Maloney served as Chief Operating Officer for ASEAN at a global bank and has worked in New York, London, Hong Kong, and Singapore.

In his new role, Maloney will focus on enhancing UOB Thailand’s digital capabilities, expanding product offerings, and connecting clients to market opportunities within Thailand and across UOB Group’s regional network.

Tan Choon Hin

Tan Choon Hin

Maloney’s predecessor Tan Choon Hin, who has led UOB Thailand since 2016, will return to Singapore to assume a new role as Deputy Head of Group Governance, Risk and Compliance.

Tan joined UOB in 2012 as Head of Group Credit (Retail) and became CEO of UOB Thailand in 2016. Under his leadership, UOB Thailand became the second-largest foreign bank and one of the top three card issuers in the country.

As Deputy Head of Group Governance, Risk and Compliance, Tan will enhance the bank’s risk management and strengthen governance across the organization.

Meanwhile, Vira-Anong C Phutrakul will take on the role of Head of Wholesale Banking and Deputy CEO of UOB Thailand.

She previously led Retail and Brand at UOB Thailand and has held senior positions in both retail and wholesale banking at Citibank Thailand before joining UOB in 2022.

UOB has been operating in Thailand for over 20 years and completed the acquisition of Citigroup’s consumer banking businesses in Thailand in November 2022.

This acquisition has expanded UOB Thailand’s product and service offerings to a larger customer base.