UOB Launches The Business Circle For Next Generation Family Business Owners

UOB Malaysia has announced the launch of The Business Circle in Malaysia, an initiative that was first launch in Singapore in 2019.

The Business Circle is an initiative designed to help the next generation of leaders for family businesses prepare themselves with the necessary skills and knowledge to help take their business forward.

Exclusive membership access

Members of The Business Circle will gain exclusive access to knowledge exchange, region-wide networking opportunities for potential collaborations, and tailor-made financial support from UOB.

According to Ng Wei Wei, the Chief Executive Officer of UOB Malaysia, family businesses constitute over 60 per cent of publicly listed companies, and plays a pivotal role in driving Malaysia’s economic growth.

“With the Business Circle, we aim to leverage UOB’s extensive regional footprint and expertise to provide Malaysia’s next-generation leaders of family-led firms with a platform for knowledge exchange and networking across borders and industries.

“This is to ensure that the younger generations have the right knowledge, capabilities and connections to bring their businesses to greater heights,” she said.

Along with the launch of The Business Circle in Malaysia, UOB also launched a two-day-programme to acquaint participants with the features provided in the initiative, such as peer learning, knowledge-sharing, and networking.

The programme consisted of an Industry Visit, an Executive Learning Forum, and a Launch Dinner with a focus on the current critical business drivers – Sustainability, Regional Expansion, and Digitalisation.