Passing of Public Bank founder leaves huge void in banking sector, the country: PM


KUALA LUMPUR: The passing of Public Bank Bhd founder and chairman emeritus, director and adviser Tan Sri Teh Hong Piow, 92, will certainly leave a big void for the Public Bank family, the banking sector and also the country, said Prime Minister Datuk Seri Anwar Ibrahim.

In a Facebook post, Anwar sent his condolences to the family of the late Teh who passed away at 10.20 am today.

"His passing will certainly leave a big void for the Public Bank family, the banking sector and the country.

"I pray for the family of the late Teh to be patient and strong for their loss,” he said.

Teh established Public Bank in 1965 and was appointed as chief executive officer and managing director since the bank’s business commenced on August 6, 1966. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Shell says it remains committed to mobility business in Malaysia
Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed
Regional expansion to bode well for CTOS
Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme

Others Also Read