Singapore Bank Billionaire's Son Says ‘Why Not’ Let an Outsider Succeed Him
- CEO Wee Ee Cheong won’t force his children to work at bank
- Wee has led Singapore’s last family-run lender for 12 years
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United Overseas Bank Ltd.’s chief executive officer said he is comfortable going outside his family for a successor to run the lender his grandfather founded more than eight decades ago.
“I will always, as I said, take in people with the right values,” Wee Ee Cheong, 66, who took the reins from his father in 2007, said in an interview. “If they can do the job, why not?”