Public Financial Holdings Limited announced with deep sorrow that Tan Sri Dato' Sri Dr. Teh Hong Piow, Non-Executive Chairman of the Company, passed away peacefully on 12 December 2022.
Tan Sri Teh founded Public Bank Berhad, the holding company of the Company and a commercial bank listed on Bursa Malaysia Securities Berhad, in 1965 at the age of 35. He was appointed as the Chief Executive Officer and Managing Director of Public Bank since its commencement of business operations on 6 August 1966. He retired as the Non-Executive Chairman of Public Bank on 31 December 2018, and was conferred the title of Chairman Emeritus and Adviser of Public Bank on 1 January 2019, and remained as a Non-Executive Director on the Board of Public Bank. Tan Sri Teh was appointed Non-Executive Chairman of the Company in September 1991. He was also the Non-Executive Chairman of the Boards and Chairman of the Board Executive Committees of Public Bank (Hong Kong) Limited and Public Finance Limited.