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Mr Wee Ee Cheong and Mr Lee Chee Koon among outstanding local business leaders honoured at the 37th Singapore Business Awards

Singapore, 8 September 2022 - Continuing its annual tradition of celebrating the best in business, the Singapore Business Awards (SBA) named Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of United Overseas Bank Limited (UOB), as the Businessman Of The Year, while Mr Lee Chee Koon, Group CEO of CapitaLand Investment Limited, received the honour of Outstanding Chief Executive Officer Of The Year.


The annual Awards - jointly organised by The Business Times and DHL Express Singapore - recognise local business leaders who have made a difference in their respective industries and have created value for their stakeholders. Following a round of nominations, the winners of the SBA were decided by a panel of twelve judges drawn from the political, business, and academic fields, and chaired by Mr Stephen Lee, former Chairman of Singapore Airlines.


Ms Grace Fu, Minister for Sustainability and the Environment, was the Guest-of-Honour at the SBA presentation ceremony. The ceremony was held at The Ritz-Carlton, Millenia Singapore, after two years of it taking place in a hybrid format.


The SBA gala dinner saw the movers and shakers of the business world come together to celebrate the night’s honourees. This year’s Outstanding Overseas Executive Award was presented to Mr Lee Yuan Siong, Group CEO and President of AIA Group, while Mr Ian Ang, co-founder and CEO of Secretlab, was named the Young Business Leader Of The Year. This year’s Enterprise Award went to TDCX Inc, a Business Process Outsourcing (BPO) company currently listed on the New York Stock Exchange.


Mr Christopher Ong, Senior Vice President & Managing Director, DHL Express Singapore, said: “It is in our DNA to contribute to the business ecosystem that we operate in. One way we do so is by highlighting Singapore as a vibrant economy with world-class talent pool. By recognizing organizations and leaders that have made a difference, especially during such unprecedented times of the pandemic, we hope to reinforce Singapore’s position as one of the top business destinations in the post-Covid world.”


DHL Express celebrates its 50th anniversary in Singapore. This year also marks its 37th time organizing the Awards in partnership with The Business Times.


Mr Wong Wei Kong, Editor of The Business Times, said: “The Singapore Business Awards recognises business excellence, and we are truly heartened to see this shining through in these challenging times. Our warmest congratulations to the winners of the awards, all of whom have shown great vision and leadership in taking their businesses one step further.”

Attachment : Annex - Citations and Brief Bios of Winners - Singapore Business Awards 2021_2022



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The Singapore Business Awards

The Singapore Business Awards (SBA) is jointly organised by The Business Times, Singapore’s leading business daily, and DHL Express Singapore, the world’s leading express and logistics company. Established in 1985 with the Businessman Of The Year award, the SBA added the Enterprise Award, the Outstanding Chief Executive Of The Year Award, and the Outstanding Overseas Executive Of The Year Award. In 2021, the Young Business Leader Of The Year Award was introduced. These awards have grown in stature and are recognised as Singapore’s most prestigious business accolades. The winners of SBA are decided by a panel of distinguished judges drawn from the political, business, and academic fields.


About SPH Media

SPH Media is incorporated as a public company limited by guarantee. The mission of SPH Media is to be the trusted source of news on Singapore and Asia, to represent the communities that make up Singapore, and to connect them to the world. It has several business segments in the media industry, including the publishing of newspapers, magazines, and books in both print and digital editions. It also owns and operates other businesses including radio stations and outdoor media. For more information on SPH Media, please visit and our social media channels on Facebook, Instagram, LinkedIn, and YouTube.


About The Business Times

Singapore's only financial daily, The Business Times (BT), is the authoritative guide on local, regional and international business markets. In addition to corporate news and commentary, BT covers the startup, wealth, property, lifestyle and SME scenes, and tells you what you need to know about Asean and the region. For more information, please visit



About DHL - The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.