Public Bank Appoints Founder’s Daughter Diona Teh As Director

Public Bank Bhd has appointed Diona Teh Li Shian as a non-independent non-executive director, effective June 1.

Diona Teh Li Shian (centre) has been appointed Public Bank’s non-independent non-executive director, effective June 1.

Li Shian is the youngest daughter of Public Bank founder and chairman emeritus the late Tan Sri Teh Hong Piow.

In a statement, the bank said she brings experience from roles in international banking groups, covering areas such as asset management, product development, strategic planning, regulatory compliance, customer experience, and process improvement.

The bank said her appointment reflects the continuation of her father’s legacy and the Teh family’s long-standing commitment to Public Bank.

She has also been appointed to the bank’s nomination and remuneration committee as well as the risk committee, according to Bursa filings.

Li Shian holds a Master’s degree in Business Administration from Macquarie University and a Bachelor’s degree in Business from Queensland University of Technology.

Public Bank shares closed down six sen or 1.3% at RM4.71, valuing the group at RM91.4 billion.

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