A bunch of relatives and lackies
Both Kwa Siew
Tee and Tan Chin Tuan were
top bankers of OCBC
Tony Tan the best actor
In public, Tony Tan shows himself as a humble and wise man.
Unfortunately nothing is further from truth. Nothing good can be
expected from scion of banker. While Singaporean focus
on Ho Ching and her Temasek fiasco, few
people knew that GIC under the charge of Tony
Tan has lost its pants in 2008 crisis.
In short, Tony Tan has blown up
Singapore’s pension aka the corrupt CPF. He is responsible for
condemning Singaporean to a work till death because CPF is
effectively being wipe out in real terms. (PAP is going to stealth
default CPF).
Update: More relations
Teo Chee Hean's father Teo Cheng Guan was given a
job by Tan Chin Tuan in OCBC after the
war...Teo Cheng Guan subsequently met his
wife who was also working in OCBC and got married and gave birth to
Teo Chee Hean
Teo Cheng Guan rose all the way to the top and was Chairman of OCBC
from 1989 to 1991.
After leaving Cabinet in 1991, Dr Tan returned to OCBC. He took
over from DPM Teo’s father and served as Chairman of OCBC from 1992
to 1995.
Yong Pung How, a schoolmate of Mr Lee Kuan Yew and his wife, Kwa
Geok Choo. In 1971, Yong switched from law to finance, and formed
Singapore International Merchant Bankers Limited (SIMBL) and the
Malaysian International Merchant Bankers (MIMB) in Malaysia serving
as Chairman and Managing Director of both companies. At the same
time he also served as a member of the Singapore Securities
Industry Council from 1972 to 1981. He announced his retirement
from the SIMBL and MIMB offices in 1976. That same year, Yong was
appointed Vice-Chairman of the Oversea-Chinese Banking Corporation
(OCBC).
He was seconded in 1982 by the Singapore Government to form and
head the Government of Singapore Investment Corporation (GIC), and
the Monetary Authority of Singapore as well. His experience in
commercial banking proved to be invaluable to GIC as he effectively
re-organized and streamlined the use of Singapore's foreign
reserves.
He was also made Deputy Chairman of the Currency Commissioners, and
Alternate Governor for Singapore of the International Monetary
Fund.
Yong returned to the Oversea-Chinese Banking Corporation in 1983,
as Chairman and Chief Executive Officer before returning to law as
a judge in 1989.
in an interview of Tan Sri Tan Chin Tuan in 1981, the reporter
asked "Are you ever angry with the Government for taking away your
right and left hand men (referring to Tony Tan, Yong Pang How, Wong
Pakshong)
Tan Sri Tan's reply was : "I regard it as sending them off for
National Service"
http://singaporeelection.blogspot.com/2011/07/tony-tan-is-relative-lee-kuan-yew.html
By Tan,
Eugene written on 23-Feb-2002
National Library Board Singapore
Comments on article: InfopediaTalk
Tan Sri Tan Chin Tuan (b. 21
November 1908, Singapore - d. 13 November 2005, Singapore),
nicknamed Mr OCBC, is a prominent Peranakan philanthropist and
often credited as the man who built the Oversea-Chinese Banking
Corporation (OCBC).
Early
history
Tan Chin Tuan grew up in the
Depression years under austere conditions, having lost his father
whilst still at school. Many say these early years formed his
conservative approach to financing. Educated at Anglo-Chinese
School, he first worked for the Oversea-Chinese Banking Corporation
(OCBC) as a clerk on 1 March 1925 at the age of seventeen. He would
remain at OCBC for 58 years altogether. He was Managing Director of
OCBC from 1942 to 1972, and Chairman from 1966 to 1983. Under Tan's
stewardship, OCBC rose from its humble beginnings to become among
the world's top banks.
Philanthropist
Tan
Chin Tuan is also a noted philanthropist. In 1984, he donated
350,000 pound sterling to the Needham Research Institute (NRI) in
Cambridge, United Kingdom. The NRI is now one of the top three
centres on Chinese science and technology in the world. The library
block at NRI is named after him. In 1997, he committed S$250,000
each year towards the Nanyang Technological University's exchange
programme in engineering. The Tan Chin Tuan exchange fellowship
will allow 20 academics to conduct research at NTU or be sent
overseas.
In 1999, Tan Chin Tuan celebrated his 91st birthday by promising
$1,000 to Singaporeans over 90 who were lucid and active. Mr. Tan
wanted to share his good fortune with people of a similar age. At
least 60 volunteers and Justices of the Peace checked the health of
over 1,282 applicants. It is estimated that his birthday gift cost
him $1.2 million.
Timeline
1 Mar 1925 : Joins Chinese Commercial Bank (CCB) as a
junior bank clerk
1932 : Assistant Manager of CCB prior to its
merger with Ho Hong Bank and Oversea-Chinese Bank in that same
year, to form the Oversea-Chinese Banking Corporation (OCBC). He
then took on the position as Divisional Manager.
1933 : Bank Manager of OCBC
1939 : Managing Director, Eastern Realty,
OCBC's subsidiary
1942 : Joint Managing Director, OCBC, the
youngest Managing Director in local history then
1945 : Sole Managing Director, OCBC
1966 - 1983 : Chairman and Managing Director,
OCBC. After retiring in September 1983, conferred lifetime
honorary president.
Positions
1939 : Municipal Commissioner
1948 - 1951 : initially a Member of the
Singapore Executive Council but rose through the ranks to become
Senior Member
17 April 1951 - 1955 : Deputy President,
Singapore Executive Council. In this capacity, he was to serve as
an intermediary between the colonial government and the local
community.
1983 - 1986 : Chairman, Singapore Turf
Club
He had also been chairman of companies such as Malayan Breweries
Ltd, the Overseas Assurance Corporation Ltd, Wearne Brothers Ltd.,
Fraser and Neave, Great Eastern Life, Tan Sri Tan Foundation,
Robinson & Co. and The Straits Trading Co. Ltd.
Patron of organisations such as the Orchid Society of Southeast
Asia, the SPCA, and the Singapore Badminton Association.
Awards
1951 : Commander of the Most Excellent Order of the
British Empire, for his contributions during his service in the
Legislative Council.
1969 : Malaysia's Yang Di Pertuan Agong
Sultan Tuanku Ismail Nasiruddin Shah confers title of Tan Sri
3 September 1991: Honorary Doctor of Law, National
University, Singapore "in recognition of his role as banker, civic
leader and public benefactor."
13 June 1992 : Honorary Doctorate of Letters,
Curtin University, Australia "in recognition of his contribution to
the banking community and his close association with
Australia".
Family
Father :
Tan Cheng Siong, a banker
Wife : Helen Wee, a banker's daughter
Son : One son
Daughters : Two daughter, one being Mrs Kheng Choo Campbell
Granddaughter : Ms Chew Gek Khim, director of a consultancy
firm
Nephew : Dr Tony
Tan
Hobbies include rearing fish, birds and dogs and growing
orchids.
http://infopedia.nl.sg/articles/SIP_155_2004-12-27.html
reminds me of a cat family.even some memnbers of lky also look like
cats.haizz...why all like that??