UOB's chairman Wee Cho Yaw to step down next year
Wee Cho Yaw will step down as chairman of Singapore's United Overseas Bank in April 2013.
This, after nearly four decades at the helm.
Hsieh Fu Hua, a former CEO of Singapore Exchange, will become the non-executive chairman of UOB.
Mr Wee, who is 82, became chairman and chief executive of UOB in 19-74.
But he relinquished his CEO position to his son, Wee Ee Cheong, in April 2007.
Mr Wee's family controls UOB, Singapore's third-biggest lender by assets after DBS Group and OCBC.
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