Hsieh Fu Hua

Photo by WWF-Singapore

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Notable Roles

- Chairman, Temasek Trust (2017–present)
- Chairman, UOB Group (2013–present)
- Former CEO, Singapore Exchange (2003–2009)

Key Recognition

 - Spearheaded major financial market reforms at SGX
- Key driver behind SGX–Tokyo Stock Exchange alliance
- Known for combining market innovation with governance integrity
- Named Distinguished Fellow by Institute of Banking and Finance Singapore

Background and Early Foundations

Born in 1950 in Singapore, Hsieh Fu Hua grew up during the country’s post-war economic rebuilding. He studied at the University of Singapore and later trained in financial markets at major institutions across Asia. His early roles in DBS and Morgan Grenfell honed his risk and governance frameworks. This strong foundation in capital strategy and fiduciary duty shaped his future as one of Singapore’s most trusted institutional leaders.

Career Milestones and Impact

Year

Milestone

2003

Appointed CEO of Singapore Exchange (SGX)

2006

Led cross-border listings strategy and partnered with Tokyo Stock Exchange

2012

Became Chairman of United Overseas Bank (UOB)

2017

Joined Temasek Trust and SIM as board chair

2024

Continues to influence Singapore’s financial, philanthropic, and education sectors

  • SGX Market Cap Growth (2003–2009): Doubled to $680B SGD
  • Cross-Border Listings Secured: 20+ during his SGX tenure
  • UOB Net Profit (2024): Estimated $5.7B SGD
  • Institutional Boards Chaired: 5
  • Years in Financial Leadership: 40+

Leadership Style and Influence

Hsieh Fu Hua is viewed as a servant-leader: composed, inclusive, and long-sighted. He consistently prioritizes governance, risk culture, and multi-generational impact over short-term gains. Often operating behind the scenes, his influence is amplified through mentorship, cross-sector strategy, and his ability to unify stakeholders across finance, civil society, and philanthropy.

Legacy and Future Focus

Hsieh’s legacy is one of ethical capital. Whether guiding UOB’s generational transition or building frameworks at Temasek for giving and governance, he’s shaping what institutional trust looks like in Asia. As he moves into advisory and elder statesman roles, his focus remains on developing values-based leaders in finance and education.

Read more inspiring people across Asia.

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