(April 23): Co.’s new chairman will be announced at appropriate time and its succession plan is subject to regulatory approval, CEO and Managing Director Tay Ah Lek tells shareholders in Kuala Lumpur.
* About 45% of bank staff at senior and mid-level management have been with the bank for a long time; structure is in place and these are the people to carry forward the culture: Tay
* NOTE: Public Bank Chairman Teh to Relinquish Position in Jan. 2019