Finance & Venture Capital

Tan Sri Quek Leng Chan

The guiding light behind one of the largest conglomerates in Malaysia, billionaire Quek Leng Chan presides over Hong Leong Bank and its charitable arm

Profile


Tan Sri Quek Leng Chan is the executive chairman of the privately held Hong Leong Group, which has interests in banking and financial services as well as property and manufacturing with a presence around the world. He is the second richest Malaysian, with a net worth of over US$9 billion.

A former barrister-at-law from Middle Temple, London, Quek is the second generation of a family of entrepreneurs who established the Hong Leong Company in the 1940s in Singapore. The company started off as a general trading firm, and later diversified into property, hotel development and financial services.

Quek is credited for leading the group into Malaysia in the 1960s, particularly for its venture into the banking sector when he acquired MUI Bank Berhad from then-owner Tan Sri Khoo Kay Peng in 1994. After a merger with EON Bank in 2011, Hong Leong Bank has grown into one of the largest banking groups in Malaysia, with a thriving presence in Singapore, Hong Kong, Vietnam and China.

Quek is also the chairman of Hong Leong Foundation, the group’s charity arm, which is dedicated to education and community development.

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Did you know?


Quek’s uncle Kwek Hong Png, who founded the Hong Leong Company in Singapore, intentionally chose the name Hong Leong, which means “good harvest”.   

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