Maybank Singapore welcomes new chairman, Yee Yang Chien

Maybank Singapore welcomes new chairman, Yee Yang Chien
By Riya Chaudhary

Yee Yang Chien was appointed as the new chairman of the board of Maybank Singapore on 1 October 2024, following a six-year tenure in which he significantly enhanced the bank's operational efficiency. 

As Southeast Asia's fourth-largest bank, Maybank operates over 2,600 branches across 18 countries, with a major presence in Singapore. This leadership change comes at a critical time, as Maybank Singapore prepares to navigate a rapidly evolving financial landscape. Under Yee’s guidance, the bank aims to strengthen governance and proactively address emerging challenges. 

A wealth of experience 

Yee’s 30-year track record in banking and finance is impressive. He joined the Maybank board as a non-independent non-executive director on 24 November 2013 and later served as a non-independent non-executive director of Maybank Singapore from 15 August 2014. His tenure as president and group CEO of MISC Berhad spanned nearly two decades, where he drove corporate initiatives related to mergers and acquisitions, bond issuances, and the development of tech and digital startups. 

Prioritising innovation and sustainability 

Yee’s priorities include enhancing customer experience through innovative banking solutions. With digitisation reshaping Singapore's banking sector, Maybank has the opportunity to harness technology to support sustainable growth. Yee also champions sustainability and ethical banking practices, focusing on environmental impact, social responsibility, and intergenerational management. 

Strengthening risk management 

In an unpredictable economic climate, strong risk management is essential. Yee is expected to play a vital role in bolstering Maybank Singapore’s risk management frameworks to mitigate potential financial threats. 

Yee’s appointment as chairman marks an exciting new chapter for Maybank Singapore. With his extensive experience and commitment to innovation and sustainability, he is well-positioned to steer the bank through both challenges and opportunities. As the financial industry continues to evolve, many will be eager to see how his leadership shapes Maybank Singapore’s future. 

Keywords:

Financial institutions,

innovation,

sustainability,

mergers and acquisitions,

strategic initiatives,

corporate bond issuance,

banking solutions,

digitalisation,

ethical banking,

risk management,

economic climate,

technology solutions,

Maybank branches,

global banking,

leadership,

corporate governance.

Institution:

Maybank Singapore,

MISC Berhad,

Maybank Group,

CyberSource

People:

Yee Yang Chien