Appreciating our customers in Yangon

UOB Yangon team and representatives from Global Market, Global Financial Institutions Group (GFIG) and Group Transaction Banking.

More than 250 clients from UOB Yangon turned up for the UOB Appreciation Night held at Pan Pacific Hotel Yangon on 28 August 2019. The dinner was organised to thank our clients for their steadfast support and to introduce our senior management to them. The event was attended by the senior management including Mr Federick Chin, Managing Director and Head of Group Wholesale Banking, Mr Eric Tham, Managing Director and Head of Group Commercial Banking and Ms Lim Lay Wah, Managing Director and Head of Global Financial Institution Group (GFIG).

Since our Yangon branch’s inception in 2015, we have supported and helped many companies in their expansion into Myanmar, providing connectivity and facilitating investment flows into the country. The event reaffirms UOB’s continued commitment and support to the growth of Myanmar.

In his opening speech, Frederick highlighted global market headwinds such as the ongoing escalating trade tension between the United States and China and how ASEAN will be a safe haven with excellent potential for investment. With a strong ASEAN network, UOB is well poised to offer value added connectivity within the region.

Mr Frederick Chin, Managing Director and Head of Group Wholesale Banking and Markets welcoming the clients and thanking them for their support in his opening speech.

Mr Tang Weng Fei, Chairman of Asia Tech Energy Pte Ltd (Asia Tech), was also present at the dinner to share a significant milestone in the Myanmar Lighting IPP development – a power plant project that the company and UOB are working to bring electricity to five million people in Myanmar.

Asia Tech was commissioned to build this power plant in Mon State, Myanmar, and as its bank, UOB will provide support and solutions to assist Asia Tech in this project.

Mr Tang Weng Fei, Chairman of Asia Tech Energy Pte. Ltd, shared the milestones of Myanmar’s lighting industry.

As Myanmar undergoes rapid development, the government is focused on investment in the power sector to cope with the rising demand for reliable energy for households and businesses, and to overhaul the country’s power infrastructure.

Senior management networking with our Myanmar clients.

Ms Lim Lay Hwa, Managing Director and Head of GFIG giving her speech at the Financial Institutions seminar.

Earlier in the day, GFIG together with colleagues’ from Global Markets and Group Transaction Banking held a seminar for representatives from the local financial institutions and discussed topics such as global economics, market updates, financial institutions' clearing processes and trade finance.

The event was a memorable one for all guests. Friendship and camaraderie were further strengthened and forged among colleagues and customers. They were also treated to an invigorating performance by local musical instrumental group Violin U Tin Yi.

The night ended with a networking session dinner. Attendees were also presented with an exclusive UOB corporate gift as a token of appreciation.