Tan Sri Dato’ Sri Dr. Teh Hong Piow receiving his "Honorary Doctor of the University" award from Tan Sri Dato’ Sri Dr. Jeffrey Cheah
Tan Sri Dato’ Sri Dr. Teh Hong Piow, Public Bank’s Founder, Chairman Emeritus, Director and Advisor, was recognised with the conferment of the degree of “Honorary Doctor of the University” by Sunway University for his outstanding contribution in overseeing the evolution of Public Bank into a modern and integrated financial institution and for his remarkable contribution to the growth of the banking and finance industry in Malaysia.
The award was presented by Tan Sri Dato’ Sri Dr. Jeffrey Cheah, Chancellor of the Sunway University at a ceremony held at the Sunway Resort Hotel & Spa on 28 January 2019, which was attended by all Public Bank Group board members and 1,200 senior staff.
Tan Sri Jeffrey Cheah in his speech said, “Sunway University is very pleased to be associated with Tan Sri Teh, a man of great stature, who built Public Bank from ground up in 1966. Public Bank has not only become a household name, it has held the record of over 50 years of unbroken profitability. My hope is that Tan Sri Teh’s achievements, attributes and life journey will be an inspiration to our students.”
Tan Sri Teh in acknowledging the award said, “I am deeply honoured and touched to be conferred such a high honour and because it is not always that a man of 89 years of age gets to receive awards, let alone be conferred an Honorary Doctorate.”
“In banking, I found my true vocation. For me, it was never just a job. It is therefore an uplifting experience for me to be recognised and rewarded for doing the things that I truly enjoy. I guess there may be some truth to the saying that “pleasure in the job puts perfection in the work”. Now as Chairman Emeritus of Public Bank, my passion for banking has not ebbed nor do I find its challenges any less exciting.”
“Public Bank has been my life’s work. When I founded it 53 years ago, I envisioned a Bank that would last generations. Indeed, Public Bank has everything it needs to do so – an excellent senior management team, motivated employees, shared values across the organization and a strong desire to succeed,” he said.
With this latest award, Tan Sri Teh has amassed 43 personal-to-holder awards of lifetime excellence and achievements and exemplary leadership, which included an honorary PhD from University Malaya in 1989.