6) Tan Sri Teh Hong Piow
Is the founder of public bank. Berthed in Malaysia. In 1960s, he was Malaysian bank vice manager. Until 1964s, through his own effort, the young man soon rose to a position as the general manager of the Malaysian bank. In 1966s, the Malaysian government issues the grant a license to bank. At the same time, Hong Piow created his own bank which it was named as Public bank. Nowadays the public bank is a bank based in Kuala Lumpur,Malaysia offering financial services in Malaysia as well as the Asia-Pacific region. In 2015, the market capitalization of the bank was up to US $18.4 billion.
Team oriented
Team oriented simply can define as the overall consciousness and team spirit. The core is collaboration. The common values can actuate people better cooperation. For this I want to make an example of pubic bank. As we known the public bank is the largest private bank in Malaysia. But the reason why the bank through the baptism of the years still can operate in today. I think it is due the leader have the team oriented.
Tan Sri Teh Hong Piow was born in 1930s and meanwhile is the second generation of Singaporean. To those who knew he said he is the person who has both calm and wisdom. Due to his character which gave the pubic bank the label of steady. Malaysia has been experience two serious economic slump which specifically happen in 1987 and 1997. At period these time most business insolvency. However, finance industry is the most affected industries .but to public bank continue to make profit in ever year. Actually since its establishment in 50 years, the bank still continues every year make profit. Buffett said ‘only the ebb tide which I can only to know who was skinny dipping.’ The storm swept Asia in 1997 becoming the watershed between public bank and another competitor. In1998s, the consolidated profit arriving record of 1.1 billion RM. The image of outsider was describe the management team of public bank is briligent. Because they are always can according to the current situation to making different but always right decision. Hong piow is the earliest advocate pay attention to talent strategy in the southeast .when public bank click into splenius, he maximize the talent strategy. He all the time revise the system of reward mechanism, and guarantee the fairness. In Malaysia, the employee benefit of public bank is well known for good. What he after is not just let the staff enjoy the good welfare rather than let their own family without fear of an attract from the rear. Abide by the system make public bank maintain the cost control advantages. They are have not meet the real challenges, the level of profitableness constant improve. In 2005, the Hong piow acquire the title of the best bank in Asia.
He is one of my idol , actually he inspire to a lot ! Maybe I could not have the same career like him , but I still love him so much ! From his respective , he often said , failure is one way to reach to successful !
ReplyDeleteI think it's great to have an entrepreneur like him cause he help our nation economy grow up as well as for the Public Bank make their own profit every year. It such a great successful to him and maybe it also can make own history.
ReplyDeleteWhen he age of 20 , he joined OCBC as a clerk ! Alter that , he joined Malayan Berhad as manager , when he was 34 years old , he is one of the richest man in Malaysia ! He is the founder and chairman of public bank Berhad , known to be one of the most successful banks in Malaysia
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