BillionaireNet
Cheong
W
Rank #1627
SINGAPOREfinance-investmentsBanking

Wee Ee Cheong

Net Worth
$2.42B
-0.02% (24h)
Wee Ee Cheong is the Deputy Chairman and CEO of United Overseas Bank (UOB), one of Singapore's leading financial institutions. Born in 1952, Wee has spent over four decades in the banking sector. He joined UOB in 1979, rose through the ranks, and became CEO in 2007. His career has been marked by expanding UOB's regional presence across Southeast Asia. As of December 2025, his net worth is estimated to be $2.4 billion, stemming primarily from his holdings in UOB. Wee holds degrees from the American University. His leadership has been recognized with several awards, and he is known for his focus on sustainable growth and community involvement.

The Full Dossier

Early Life

Wee Ee Cheong was born in 1952. He is the eldest son of the late Wee Cho Yaw, a prominent figure in Singapore's banking industry. Wee was instilled with strong values of hard work and integrity from a young age. He pursued higher education, earning a Bachelor of Science in Business Administration and a Master of Arts in Applied Economics from the American University.

Rise to Success

Wee's professional journey began in 1979 when he joined UOB. His dedication and expertise quickly propelled him through various roles within the bank. In 2000, he was appointed Deputy Chairman and President, a significant step in his career. He ascended to the position of CEO in April 2007. Under his leadership, UOB has expanded its regional footprint, particularly in Southeast Asia, solidifying its position as a major player in the financial sector. Wee has also emphasized digital transformation and innovation, modernizing UOB's services to meet evolving customer needs.

Key Business Strategies

Wee's strategic vision has focused on sustainable growth and prudent risk management. He has overseen key acquisitions, including the 2022 purchase of Citibank's consumer banking operations in several Southeast Asian countries, to enhance UOB's regional presence. Wee emphasizes the importance of adapting to technological advancements and fostering a customer-centric approach. He has consistently prioritized building a strong talent pool and maintaining UOB's commitment to its core values.

Philanthropy

Beyond his banking role, Wee is dedicated to community development and education. He is a patron of the Nanyang Academy of Fine Arts and is involved in the Wee Foundation. His commitment to social responsibility reflects UOB's broader values and contributes to the bank's positive image.

Career Timeline

2022

Acquisition of Citibank's consumer banking businesses

UOB expanded its regional presence in Southeast Asia with the acquisition.

2013

Public Service Star

Awarded for his contributions to the financial industry.

2007

CEO of UOB

Assumed the role of Chief Executive Officer, leading UOB's regional expansion.

2000

Deputy Chairman and President of UOB

Elevated to a key leadership position within the bank.

1979

Joined UOB

Began his career at United Overseas Bank.

Philanthropic Impact

Education$XB

Nanyang Academy of Fine Arts

Patron of the Nanyang Academy of Fine Arts.

Philanthropy$XB

Wee Foundation

Director of the Wee Foundation.

Wealth Trajectory