Teh Hong Piow
{{Short description|Malaysian banker (1930–2022)}}
{{family name hatnote|Teh (郑)|lang=Chinese}}
{{Use dmy dates|date=December 2022}}
{{Infobox person
| honorific_prefix = Yang Berbahagia Tan Sri Dato'
| name = Teh Hong Piow
| honorific_suffix = PSM SPMJ SSAP SIMP SSIJ JP
| native_name = {{nobold|{{lang|zh-hans|郑鸿标}}}}
| image = Teh Hong Piow - Chia & Teh (cropped).jpg
| imagesize =
| caption =
| birth_date = {{Birth date|1930|03|14|df=y}}
| birth_place = Singapore, Straits Settlements
| death_date = {{Death date and age|2022|12|12|1930|03|14|df=y}}
| death_place = Kuala Lumpur, Malaysia
| occupation = Businessman
| title = Founder, Chairman Emeritus, Director and Adviser of Public Bank
| spouse = Tay Sock Noy
| children = 4
}}
Teh Hong Piow ({{zh|s=郑鸿标|t=鄭鴻標|poj=Tēⁿ Hông-piau|j=Zeng6 Hung4 Biu1|p=Zhèng Hóng Biāo}}; 14 March 1930 – 12 December 2022) was a Malaysian banker and businessman. He was the founder, chairman, director, and adviser to the Public Bank Berhad in Malaysia. Teh was one of three individuals in the country who were permitted to hold a stake of more than 10% in a domestic financial institution.{{Cite news|url=https://www.freemalaysiatoday.com/category/highlight/2018/05/03/6000-gather-to-thank-teh-hong-piow-for-piloting-public-bank-to-success/|title=6,000 gather to thank Teh Hong Piow for piloting Public Bank to success|work=Free Malaysia Today|access-date=10 October 2018|language=en-US}}
Biography
Teh was born in Singapore on 14 March 1930. He attended his formal primary and secondary education at the Anglo-Chinese School in Singapore. He has been married to Puan Sri Tay Sock Noy since 1956 and they have four children – three daughters, Lilian Teh Li Ming, Lillyn Teh Li Hua, Diona Teh Li Shian and a son, William Teh Lee Pang.{{Cite web |url=https://www.publicbankgroup.com/About-Us/Founder-Chairmans-Biodata/Chairmans-Biodata |title=Public Bank Group}}
On 12 December 2022, Teh died at the age of 92.{{Cite web |date=12 December 2022 |title=Teh Hong Piow, Public Bank founder passes away at 92 |url=https://www.thestar.com.my/business/business-news/2022/12/12/teh-hong-piow-public-bank-founder-dies-at-92 |access-date= |website=The Star |language=en}}
Career
Teh began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34,{{Cite web |url=https://www.publicbankgroup.com/About-Us/Founder-Chairmans-Biodata/Chairmans-Biodata |title=Founder, Chairman Emeritus, Director and Adviser's Biodata at Official Public Bank's website}} then founded Public Bank Berhad in 1965 and commencement of business operation in 1966.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=8288507&privcapId=876893|title = Stocks| website=Bloomberg News | date=12 June 2023 }} He has since overseen its evolution into a modern and integrated financial institution with a wide network of 259 domestic and two overseas branches.{{Cite web |url = https://www.thestar.com.my/business/business-news/2017/07/31/teh-hong-piow-to-retire-as-public-bank-chairman-in-2019/#zEWsIccLweQ4U1ls.99 |title = Teh Hong Piow to retire as Public Bank chairman in 2019}}
One of Malaysia's wealthiest businessmen, Teh obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University (also unaccredited) and University Malaya.Sze, Joanna. (16 June 2002). New Straits Times Evergreen banker. Page 56. His net worth was estimated by Forbes to be US$4.7 billion, making him the 223rd richest person in the world and the 5th richest in Malaysia.[https://www.forbes.com/profile/hong-piow-teh Teh Hong Piow - Forbes.com]
Teh was the Chairman of Public Bank Group. He also held leading positions in various organisations such as Public Foundation, Malaysia and LPI Capital Berhad, Malaysia (Group).{{Cite web |url=https://www.publicbankgroup.com/About-Us/Founder-Chairmans-Biodata/Chairmans-Biodata |title=Founder, Chairman Emeritus, Director and Adviser's Biodata at Public Bank's official website}} On 1 January 2019, he had retired as a chairman but continued to stay on as an adviser to provide guidance and support the continued growth of Public Bank and the Public Bank group. Teh, who was also the non-executive chairman of the units – Public Islamic Bank Bhd (PIBB) and Public Investment Bank Bhd (PIVB) had retired as chairman on 1 January 2018. However, he stayed on as a non-executive director.{{Cite web|url=https://www.thestar.com.my/business/business-news/2017/07/31/teh-hong-piow-to-retire-as-public-bank-chairman-in-2019/|title=Teh Hong Piow to retire as Public Bank chairman in 2019}}
Teh had been awarded around 45 awards during his career, including the award for ‘Greatest Malaysian Banker of All Time’ by the Asia Pacific Brands Foundation.{{Cite web|url=https://www.nst.com.my/business/2018/03/344763/public-banks-teh-declared-greatest-malaysian-banker-all-time|title=Public Bank's Teh declared 'The Greatest Malaysian Banker Of All Time'|last=|first=|date=13 March 2018|website=|archive-url=|archive-date=|access-date=}}
Honours
=Honours of Malaysia=
- {{Flag|Malaysia}} :
- 50px Commander of the Order of Loyalty to the Crown of Malaysia (PSM) – Tan Sri (1983){{cite web
|url=http://www.istiadat.gov.my/v8/images/stories/1983.pdf|title=Senarai Penuh Penerima Darjah Kebesaran, Bintang dan Pingat Persekutuan Tahun 1983.}}{{cite web|url=http://www.istiadat.gov.my/index.php/component/semakanlantikanskp/|title=SEMAKAN PENERIMA DARJAH KEBESARAN, BINTANG DAN PINGAT|publisher=Prime Minister's Department (Malaysia)|access-date=26 December 2020}}
- {{Flag|Pahang}} :
- Dato Kurnia Sentosa (1966){{cite news|url=https://eresources.nlb.gov.sg/newspapers/Digitised/Article/straitstimes19660530-1.2.48|title=Five made Datos by Pahang Sultan|work=The Straits Times|date=30 May 1966|page=7}}
- Justice of the Peace of Pahang (1967){{cite news|url=https://eresources.nlb.gov.sg/newspapers/Digitised/Article/beritaharian19670530-1.2.20|title=Bintang Pahang untok Sultan Johor|work=Berita Harian|date=30 May 1967|page=2}}
- 50px Grand Knight of the Order of the Crown of Pahang (SIMP) – formerly Dato, now Dato' Indera'
- 50px Grand Knight of the Order of Sultan Ahmad Shah of Pahang (SSAP) – Dato' Sri (2002)
- {{Flag|Johor}} :
- 50px Knight Commander of the Order of the Crown of Johor (DPMJ) – Dato' (1973){{Cite book|url=https://books.google.com/books?id=ht0qAAAAIBAJ&dq=dato+paduka+mahkota+johor&pg=PA11&article_id=952,404602|title=Johore Sultan's Birthday List Parade|publisher=New Straits Times|date=3 November 1973}}
- 50px Knight Grand Commander of the Order of the Crown of Johor (SPMJ) – Dato' (1974){{Cite book|url=https://books.google.com/books?id=kYYjAAAAIBAJ&dq=dato+paduka+mahkota+johor&pg=PA6&article_id=1235,6141732|title=Johore Sultan Awards Honours To 460|publisher=New Straits Times|date=28 October 1974}}
- 50px Knight Grand Companion of the Order of Loyalty of Sultan Ismail of Johor (SSIJ) – Dato'
References
{{Commander of the Order of Loyalty to the Crown of Malaysia}}
{{Authority control}}
{{DEFAULTSORT:Teh, Hong Piow}}
Category:Anglo-Chinese School alumni
Category:Malaysian billionaires
Category:Malaysian company founders
Category:Malaysian chairpersons of corporations
Category:Knights Commander of the Order of the Crown of Johor
Category:Knights Grand Commander of the Order of the Crown of Johor
Category:Commanders of the Order of Loyalty to the Crown of Malaysia