Lee Wai Fai

Group Chief Finance Officer
United Overseas Bank Limited

IBF Distinguished Fellow (2017)

Capital Markets

"In today’s fast-changing business and regulatory landscape, it is imperative for us to be guided by values in thought and action so as to do what is right."

Biography

​Mr Lee is the Group Chief Financial Officer of UOB. He oversees the Group's finance-related matters including capital management, central treasury, corporate investments and tax, and investor relations, data management and property and general services. He leads a team of finance practitioners with diverse backgrounds and experiences in Singapore, China, Hong Kong, Indonesia, Malaysia and Thailand.

Over the past 28 years in his career with UOB, Mr Lee has held various roles in Singapore and the region. These roles include the Chairman of UOB Asset Management since 2016, acting Chief Risk Officer in 2012 and Deputy CEO of UOB Radanasin Bank Public Company Limited from 1999 to 2000. He has also held positions in strategic planning, institutional banking, investments and international business.

Mr Lee is an active Fellow Member of the Institute of Singapore Chartered Accountants (ISCA) and is the Chairman of ISCA's CFO Committee. The CFO Committee provides guidance on initiatives to develop finance professionals and to promote the relevance of chartered accountants in Singapore. The Committee also provides direction and gathers feedback on issues such as new laws, regulations, standards and guidelines affecting finance practitioners and the financial sector.

He was recently appointed a member of the Accounting and Corporate Regulatory Authority Board. Mr Lee also sits on the Board of the Singapore Management University's School of Accountancy. As an Advisory Board Member, Mr Lee advises and shares his views on the currency and relevance of the school's academic programmes. He also taps his extensive experience in the financial sector to provide his perspectives on changes, developments and professional requirements in the industry.