Public Bank Legendary Founder Tan Sri Teh Hong Piow

Published On: December 12, 2022

Our deepest condolences on the passing of Public Bank legendary founder, Tan Sri #TehHongPiow. He worked his way up in the early days with late Tan Sri Khoo Teck Puat, founder of #Maybank becoming the General Manager in early 30s before striking out on his own at 35. Today, Public Bank is the 2nd largest & most valuable bank in Malaysia after Maybank

What is truly respectable about Tan Sri Teh accomplishment is his ability to build long term trust with his customers and business clients over the years. Many investors in #PublicBank shares and held on through the years has relied on its returns and annual dividend to fund their retirement life. By far, Public Bank’s AGM has the largest participation from minority shareholders. He is also the closest thing we have to a Berkshire Hathaway AGM.

A thoroughbred banker, Public Bank under the stewardship of Tan Sri Teh grew with the nation and its economy. Till today, it remains one of the few true blue chip listed company that have withstood the test of time. Its total return is 3166% with an annual return of 13.86%. This is a remarkable feat since its listing.

As a small startup in the capital markets, we look to the legends of the industry when building our business. Our utmost respect to the titan of our Malaysia’s #banking industry.