Teh receives William Seidman Lifetime Achievement award

PETALING JAYA: Public Bank Bhd founder and chairman, Tan Sri Teh Hong Piow has been awarded the prestigious William "Bill" Seidman Lifetime Achievement in Financial Service Industry award for 2015 by Singapore-based The Asian Banker, the region's authoritative provider of strategic business intelligence to the financial services community.

The award was presented to Teh by the chairman and CEO of The Asian Banker, Emmanuel Daniel at a brief ceremony held at Menara Public Bank, Kuala Lumpur on July 28, 2015.

The presentation of the William "Bill" Seidman Lifetime Achievement in Financial Service Industry award to Teh was in recognition of his achievement in building Public Bank and the group into a leading financial institution in Malaysia and the Asia Pacific.

The William "Bill" Seidman Lifetime Achievement in Financial Service Industry award recognises individuals who reshaped not only the institutions that they worked for, but the entire financial services industry in their respective countries and regions. The Asian Banker seeks to recognise people who are considered giants in the industry because of the lifetime contributions and leadership.

Teh in his acknowledgement said, "Being the founder of Public Bank and seeing it grow all these years gives me great satisfaction. Looking back, what counted most was to promote excellence and build a strong corporate culture. A culture of discipline and integrity, thereby earning customers' trust. Like all dreams, mine is only possible with the support of my Public Bank family and members of my board. I would also like to dedicate this award to our customers, shareholders and business associates. My thanks also goes to the Malaysian government for creating a business friendly climate".

With this award, Teh who turned 85 this year has received a total of 43 personal to holder awards in recognition of his exemplary commitment to excellence and lifetime dedication to the banking industry.