Check out the key business philosophies of Hong Leong Bank's new CFO
Ms Foong Pik Yee aims to cut out waste and invest for growth.
Hong Leong Bank recently appointed Ms. Foong Pik Yee as its Chief Financial Officer effective 18 January 2013.
ABF: What makes you excited about your new position?
This is a great opportunity to work in a diversified conglomerate with a large banking group with growth aspirations. I believe my skills and experience will add value to the franchise. Having gained much experience from my time in many international banks, it is a good time to transfer and consolidate knowledge in a bank that is growing and successful.
ABF: What three goals are you focused on?
- To be a value-added partner to the business
- To ensure the bank is well capitalised and positioned for growth, operating with a strong financial discipline
- To maximise return to shareholders and investors whilst investing for growth.
ABF: What will you do differently in this position?
My priority is to leverage a strengths-based finance team and working in collaboration with the business to deliver value to our stakeholders.
ABF: What changes are you planning for?
My vision is to have a best in class finance team to support the banking group’s ambition. Improved productivity, efficiency and enhanced franchise value would be key deliverables. My plan is to meet with key stakeholders to understand their objectives and concerns first. It is about building on what’s good and improving from there.
ABF: What are your key business philosophies?
To deliver value to stakeholders in a responsible manner. Cut out waste and invest for growth. Focus on outcomes.
ABF: What previous positions prepared you for this one and how?
My experience in my previous organisations which span across all areas of management, various countries and cultures will be valuable.
ABF: Anything else you'd like to add?
It is good to come home and contribute as a Malaysian citizen to a Malaysian bank with growth aspirations.