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Domenic Fuda to Retire as Hong Leong’s Group MD/CEO, Succeeded by Kevin Lam

by Fintech News Malaysia May 16, 2023 0 comments

Hong Leong Bank Berhad’s (HLBB) Group Managing Director and CEO Domenic Fuda will be retiring effective 30 June 2023. He will be succeeded by Kevin Lam Sai Yoke on 1 July 2023.

Domenic joined Hong Leong in 2016 and under his leadership, the organisation has seen transformation in delivery channels, strong compliance and risk management foundations as well as strategic initiatives in ESG and more.

Domenic Fuda

Domenic said,

“I believe that now is a good time to hand over the leadership of the Bank as it embarks on its next phase of growth. It’s been a privilege to lead HLBB through a period of significant digital and technological transformation, changes in customers’ preferences and needs, and through the unprecedented pandemic period, as well as the initial stages of the multi-year ESG/sustainability journey”.

His successor Kevin brings with him over 30 years of banking, technology and leadership experience across regional and international banks in several geographies.

Prior to joining HLBB, Kevin served as the Head of TMRW Group Digital Banking of UOB, for its key regional markets based in Singapore.

Kevin has worked in various ASEAN markets for a decade including in Jakarta as the President Director of UOB Indonesia, and in Kuala Lumpur where he headed Personal Financial Services at UOB Malaysia.

He later served as its Deputy Chief Executive Officer where he oversaw its Wholesale Banking business and Technology and Operations.

Kevin Lam

Kevin said,

“It is an honour to succeed Domenic as the new GMD/CEO of HLBB. With the strong support from the quality and experienced management team and the stewardship of its Chairman and Board of Directors, I believe the bank is well positioned for strong sustainable growth domestically and regionally. I look forward to leading the Bank to its next phase of growth.”