My endless work had me studied and verified the backgrounds of thousands of individuals, just so hiring entities could pay for my services. Yet I was interested in only a handful of people from a vast infestation of career minded geeks around the globe. Here is a story behind a self-build career woman.
About 2 years ago in 2012, was the first time I came to contact this lady, Ms. Tan Mei Lin, an ICT veteran for back end banking systems. She was then the SVP of the Malaysian operational wing of OSK Investment Banking having over 8 years of managerial experience in the banking sector. Some of her achievements I managed to verify was her successful implementation of numerous initiatives for OSK Private Banking business, HSBC online, branch, direct sales and operations team. Prior to that she has accumulated more than 5 years’ experience in the Malaysia ICT industry.
“What are your pursuits before you
“I understand that it has been only a year since you have joined OSK. What was your stratagem to gaining an SVP title”
“My purpose here was to deliver an end to end Private Banking system which is able to empower sales team to provide customized service to their high net worth customers. Customers are then able to review their daily portfolio profit and loss, overall valuation and performance calculation based on a modified Dietz. OSK is the 1st investment bank to implement the Temenos T24 modified Dietz performance in Malaysia. So the fluke happened shortly after I introduced a highly successful CRM platform to fully automate the capturing of sales trade, which has improved the overall efficiency of selling and back-end operations. To measure this, the average time saved for each transaction is 5 minutes and the turnaround time for each customer on-boarding is reduced by 15 minutes.”
A year passed and after raising her millions, she moved onto greater responsibilities. Now one of the boardmembers of United Overseas Bank (UOB) in Malaysia, leading as the executive director – Country Head, Special Assets Management. UOB Malaysia was incorporated in 1993. It is a subsidiary of United Overseas Bank Limited (“UOB”), a leading bank in Singapore with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Western Europe and North America. UOB has had a presence in Malaysia since 1951. Today, UOB (Malaysia) operates 45 branches throughout the country. UOB (Malaysia) offers an extensive range of commercial and personal financial services through its branches, subsidiaries and associate companies. UOB (Malaysia) is rated AA1 by the Rating Agency of Malaysia.
Her early life derived from a below-average family, struggling to make ends meet during the Asian Economic Crisis in the 90’s. However her hard work and determination to strive towards a clear goal had worked out very well. From a fresh out graduate of Economics (International Trade) in 1999, she strived for many years in regular jobs prior to entering the banking industry in 2005. This is where her career wings had truly spread to the likeness of the elites. Her contributions were exponential month after month in HSBC. While during her 6 year tenure have seen significant rise in sales and reduction of costs by effective automations.
Today, she is responsible for growing UOB Malaysia’s retail banking customer base and for retaining existing customers. She will also be tasked with diversifying the income base from UOB Malaysia’s cards, deposits, wealth management and mortgage businesses. In respect to the financial performance of UOB Malaysia, a final single-tier dividend of 73.9 per cent in respect of the financial year ended 31 December 2013 on 470,000,000 ordinary shares of RM1 each, amounting to dividend payable of RM347,195,000 was proposed for shareholders’ approval, accountable to the dividends payable at the end of 2014.
While it is not possible to accurately measure her net worth, Tan Mei Lin is a prime example to the financially capable (and independent) women. She is one of the many accomplished women, but her sheer will towards financial success reeled in my avid interest. According to industry estimates by MasterCard Worldwide, the discretionary spending power of Malaysian women will hit US$51 billion (RM155 billion) in 2015, with US$1.48 billion (RM4.5 billion) being spent on travel.
All having said, Tan Mei Lin is an extremely affable person, with a very modest lifestyle.