{"id":48615,"date":"2022-09-09T15:30:16","date_gmt":"2022-09-09T09:00:16","guid":{"rendered":"https:\/\/www.uab.com.mm\/?page_id=48615"},"modified":"2022-09-09T19:28:45","modified_gmt":"2022-09-09T12:58:45","slug":"announcing-the-appointment-of-our-new-non-executive-chairman","status":"publish","type":"page","link":"https:\/\/www.uab.com.mm\/mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/","title":{"rendered":"Announcing the appointment of our new Non \u2013 Executive Chairman"},"content":{"rendered":"
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Announcing the appointment of our new Non \u2013 Executive Chairman<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Yangon, 5th May 2022<\/strong> – uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a<\/strong> is delighted to announce the appointment of U Nay Aye<\/strong> as the Chairman of the Board of Directors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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U Nay Aye joined the Board on 25th<\/sup> November 2021 as Senior Independent Non-Executive Director and after a period of orientation has been appointed Non-Executive Chairman. \u00a0<\/em>His appointment has also been approved by the Central Bank of Myanmar.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Outgoing uab bank Chairman, \u1026\u1038\u1014\u1031\u1021\u1031\u102c\u1004\u103a <\/strong>whilst congratulating U Nay Aye said, \u201cIt has been a privilege for me to have served as uab bank\u2019s<\/em><\/strong> Chair for the past 12 years. \u00a0Following the success of reforms in the business model and management made in 2017, I had expressed my intention at the end of 2020 to allow for better independent corporate governance of the Bank with the appointment of an independent non-executive chair. I am delighted on how the Bank has progressed over the years with its innovativeness and have greatly enjoyed my time working with the professionalism displayed by both Board and Senior Management members. It is at this stage when the Bank is well positioned for the appointment of an independent Chairman of the Board. U Nay Aye is well qualified for the role with his extensive experience and I am confident that I am passing this role to a pair of safe hands. \u201c<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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U Nay Aye <\/strong>said, \u201cI have been deeply impressed over the last few months as Board member to see the work and progress at uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a<\/em><\/strong> and I am delighted to be offered this opportunity to lead as Chairman and as an independent member of the Board. U Ne Aung leaves a legacy of 12 years of decisive leadership having led the Board from the start of the Bank with its impressive development. He has had a relentless focus and drive to ensure the building of a sustainable bank with a positive impact to the wider economy and community. I look forward to working with the Board and the strong Management Team to continue this focus. May I offer on behalf of the new Board, our thanks for U Ne Aung\u2019s outstanding contributions.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Christopher Loh<\/strong>, CEO of uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a<\/strong> further added, \u201c When U Ne Aung first expressed in 2020, his desire to step down, we spent effort to find a suitable replacement who would build on his legacy. Guided by his vision for a well governed bank, we have been able to achieve much over the last 12 years. On the foundations built, we began in 2017 a new phase to rebrand, refresh and accelerate revenue growth of the Bank. U Ne Aung has passionately supported the reforms at the Bank and as an industry leader had been advocating the leading of change and the humanising of banking. Today, we have a progressive bank looking to continue to build on this sustainable model. \u00a0\u00a0U Nay Aye\u2019s appointment as Non-Executive Independent Chairman is an enhancement of the Bank\u2019s corporate governance. His broad experience and knowledge will benefit us tremendously and we look forward to his leadership in providing Board oversight to the Bank\u201d.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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The Board of Director now compose of five (5) members with strong financial sector and industry experience including three (3) independent directors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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#LeadingChange #HumanisingBanking<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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uab bank \u1021\u1000\u103c\u1031\u102c\u1004\u103a\u1038<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a\u00a0<\/strong>is a leading bank in Myanmar, recognised for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements.\u00a0uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a\u00a0<\/strong>was named\u00a0\u201cMyanmar\u2019s Best Bank<\/strong>\u201d\u00a0by Euromoney over 2019 and 2020, \u201cBest Retail Bank Myanmar<\/strong>\u201d by Retail Banker International for years 2020, 2021 and 2022 and \u201cBest Bank 2021\u201d for Myanmar by Global Finance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u101e\u103c\u1002\u102f\u1010\u103a\u101c \u1042\u1040\u1042\u1040 \u1001\u102f\u1014\u103e\u1005\u103a\u1010\u103d\u1004\u103a uab bank \u101e\u100a\u103a \u201cBest Companies to work in Myanmar- Employees Choice\u201d \u1021\u1016\u103c\u1005\u103a\u101c\u100a\u103a\u1038 \u1021\u101e\u102d\u1021\u1019\u103e\u1010\u103a \u1015\u103c\u102f\u1001\u103c\u1004\u103a\u1038\u1001\u1032\u1037\u101e\u100a\u1037\u103a\u1021\u1015\u103c\u1004\u103a Myanmar Centre for Responsible Business \u1019\u103e \u1005\u102e\u101b\u1004\u103a\u1010\u1004\u103a\u1015\u103c\u1001\u1032\u1037\u101e\u100a\u1037\u103a \u1015\u103d\u1004\u1037\u103a\u101e\u1005\u103a\u1005 (TiME) \u1021\u1005\u102e\u101b\u1004\u103a\u1001\u1036\u1005\u102c\u1010\u103d\u1004\u103a \u1014\u1036\u1015\u102b\u1010\u103a (\u1041) \u1016\u103c\u1004\u1037\u103a \u101c\u100a\u103a\u1038\u101e\u1010\u103a\u1019\u103e\u1010\u103a\u1001\u103c\u1004\u103a\u1038\u1001\u1036\u1001\u1032\u1037\u101b\u1015\u102b\u101e\u100a\u103a\u104b<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u1042\u1040\u1041\u1040 \u1001\u102f\u1014\u103e\u1005\u103a\u1010\u103d\u1004\u103a \u1005\u1010\u1004\u103a\u1010\u100a\u103a\u1011\u1031\u102c\u1004\u103a\u1001\u1032\u1037\u1015\u103c\u102e\u1038 \u101a\u1001\u102f\u1021\u1001\u102b\u1010\u103d\u1004\u103a \u1019\u103c\u1014\u103a\u1019\u102c\u1014\u102d\u102f\u1004\u103a\u1004\u1036\u1021\u1010\u103d\u1004\u103a\u1038\u101b\u103e\u102d \u1019\u103c\u102d\u102f\u1037\u1014\u101a\u103a\u1015\u1031\u102b\u1004\u103a\u1038 \u1045\u1043 \u1019\u103c\u102d\u102f\u1037\u1014\u101a\u103a\u1010\u103d\u1004\u103a \u1018\u100f\u103a\u1001\u103d\u1032\u1015\u1031\u102b\u1004\u103a\u1038 \u1047\u1049 \u1018\u100f\u103a\u1011\u102d \u1010\u102d\u102f\u1038\u1001\u103b\u1032\u1037\u104d customer \u1019\u103b\u102c\u1038 \u104f \u101c\u102d\u102f\u1021\u1015\u103a\u1001\u103b\u1000\u103a\u1014\u1032\u1037\u1021\u100a\u102e Consumer Banking\u104a Premier Banking\u104a SME Banking\u104a Corporate Banking\u104a Trade Finance \u1014\u103e\u1004\u1037\u103a Treasure Services \u1005\u101e\u100a\u1037\u103a \u1021\u1013\u102d\u1000\u1000\u103b\u101e\u1031\u102c \u1018\u100f\u103a\u101c\u102f\u1015\u103a\u1004\u1014\u103a\u1038 \u101d\u1014\u103a\u1006\u1031\u102c\u1004\u103a\u1019\u103e\u102f\u1019\u103b\u102c\u1038\u1021\u102c\u1038 \u1005\u1014\u1005\u103a\u1010\u1000\u103b\u101c\u1000\u103a\u1001\u1036 \u1006\u1031\u102c\u1004\u103a\u101b\u103d\u1000\u103a \u1015\u1031\u1038\u101c\u103b\u1000\u103a\u101b\u103e\u102d\u1015\u102b\u101e\u100a\u103a\u104b uab \u104f \u101c\u102f\u1015\u103a\u1004\u1014\u103a\u1038 \u1021\u1001\u103d\u1032\u1016\u103c\u1005\u103a\u101e\u100a\u1037\u103a uab securities \u1019\u103e\u1010\u1006\u1004\u1037\u103a\u101c\u100a\u103a\u1038 Brokerage Services\u104a Corporate and Financial Advisory\u104a Investment Banking \u1014\u103e\u1004\u1037\u103a Capital Market \u1006\u102d\u102f\u1004\u103a\u101b\u102c\u101d\u1014\u103a\u1006\u1031\u102c\u1004\u103a\u1019\u103e\u102f\u1019\u103b\u102c\u1038\u1021\u102c\u1038 \u101c\u1000\u103a\u1001\u1036\u1006\u1031\u102c\u1004\u103a\u101b\u103d\u1000\u103a\u1015\u1031\u1038\u101c\u103b\u1000\u103a\u101b\u103e\u102d\u1014\u1031\u1015\u102b\u101e\u100a\u103a\u104b<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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At uab \u1018\u100f\u103a\u1021\u1014\u1031\u1016\u103c\u1004\u1037\u103a<\/strong>, we believe in leading the way towards a better Myanmar, humanising banking, connecting people, creating opportunities and changing lives. In December 2017, uab <\/strong>launched \u201cBe The Change Myanmar\u201d initiative and in 2020, set up uab Foundation as the Bank\u2019s corporate social responsibility arm to drive change for a better Myanmar. \u00a0We believe uab <\/strong>must operate responsibly and be committed to the community we are in.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u1015\u102d\u102f\u1019\u102d\u102f\u101e\u102d\u101b\u103e\u102d\u101b\u1014\u103a\u1021\u1010\u103d\u1000\u103a\u00a0http:\/\/www.uab.com.mm<\/a><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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For media enquiries, please contact:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Hsint @ +95 9 428206176 | hsint.mkkh@uab.com.m<\/a>m<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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May Phone @ +95 9 450038501 | mayphonemyint@uab.com.mm<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

Press Release Announcing the appointment of our new Non \u2013 Executive … <\/p>","protected":false},"author":2,"featured_media":0,"parent":12930,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-48615","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nAnnouncing the appointment of our new Non \u2013 Executive Chairman - uab bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uab.com.mm\/mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"my_MM\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Announcing the appointment of our new Non \u2013 Executive Chairman - uab bank\" \/>\n<meta property=\"og:description\" content=\"Press Release Announcing the appointment of our new Non \u2013 Executive ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uab.com.mm\/mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"uab bank\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uabbankmm\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-09T12:58:45+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uab.com.mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/\",\"url\":\"https:\/\/www.uab.com.mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/\",\"name\":\"Announcing the appointment of our new Non \u2013 Executive Chairman - uab bank\",\"isPartOf\":{\"@id\":\"https:\/\/www.uab.com.mm\/#website\"},\"datePublished\":\"2022-09-09T09:00:16+00:00\",\"dateModified\":\"2022-09-09T12:58:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uab.com.mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/#breadcrumb\"},\"inLanguage\":\"my-MM\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uab.com.mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uab.com.mm\/media\/announcing-the-appointment-of-our-new-non-executive-chairman\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Media\",\"item\":\"https:\/\/uab.com.mm\/media\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Announcing the appointment of our new Non \u2013 Executive Chairman\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uab.com.mm\/#website\",\"url\":\"https:\/\/www.uab.com.mm\/\",\"name\":\"uab bank\",\"description\":\"Connect. 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