KUALA LUMPUR: Public Bank founder and chairman Tan Sri Dr Teh Hong Piow (pic) has been conferred The Royal Order of Monisaraphon, Commander by the Royal Government of the Kingdom of Cambodia -- the first Malaysian banker ever to receive the Royal Order.
The bank said in a statement that the conferment on March 12, which came on Teh’s 86th birthday, added to his long list of lifetime accolades and recognition.
The medal is in recognition of Teh’s outstanding leadership and immense social economic contribution towards the progress and development of Cambodia over the last 24 years. Cambodian Public Bank Plc, a wholly-owned subsidiary of Public Bank, first opened its door in Cambodia in 1992.
The Royal Order of Monisaraphon, Comander was founded by the French on Feb 1, 1905 and conferred to outstanding Cambodian individuals who had excelled and contributed in the fields of literature, history and science. These fields were subsequently expanded to include education, fine art and social on Oct 5, 1995.
The prestigious award was approved by the Council of Ministers with the letter of award and certificate personally signed by the head of government, Prime Minister Samdech Hun Sen.
The, in his acknowledgement, said, “I thanked the Royal Government of the Kingdom of Cambodia and the National Bank of Cambodia for having approved Cambodian Public Bank to be the first foreign bank to set up business 24 years ago which allowed us to be a partner in the nation’s development and progress, as well as promoting excellence and building a strong corporate culture - a culture of integrity and discipline. I would also like to dedicate this award to our customers, shareholders and business associates.”
With this award, Teh has received a total of 45 personal to holder awards in recognition of his exemplary commitment to excellence and lifetime dedication to the banking industry in the Asian region.