Banking

Public Bank appoints Lai Wan chairman

Public Bank Bhd has appointed deputy chairman Lai Wan as its new chairman.

PETALING JAYA: Public Bank Bhd has appointed deputy chairman Lai Wan (pic) as its new chairman, effective today.

Lai, 75, replaces Public Bank founder and chairman Tan Sri Teh Hong Piow, 88, who will remain on the board as non-independent, non-executive director.

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Business , Public Bank , Teh Hong Piow , retire

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