Jeffrey Chew Sun Teong
Group Chief Executive Officer & Executive Director
Fellow of the Association of Chartered Certified Accountants (ACCA), United Kingdom
Fellow of the Asian Institute of Chartered Bankers (AICB)
Member of the Malaysian Institute of Accountants
Mr Jeffrey Chew, a Malaysian, aged 57, joined Paramount Corporation Berhad on 1 July 2014 as its Group Chief Executive Officer (CEO) and was appointed to the Board on 8 June 2015.
He began his career at PricewaterhouseCoopers in 1987 and thereafter, joined Citibank Berhad in 1991, leaving as General Manager of Commercial Banking.
In 2003, he joined OCBC Bank (Malaysia) Berhad (OCBC) as Head of SME Businesses, and was subsequently promoted to Head of Business Banking. He was then appointed Director and CEO of OCBC in August 2008, a position that he helmed for six years. During his tenure at OCBC, he also served as a Director of Credit Bureau (Malaysia) Sdn Bhd, Credit Guarantee Corporation Malaysia Berhad and OCBC Al-Amin Bank Berhad.
As the Group CEO of Paramount, Mr Chew is responsible for the management of the Group’s businesses and ensures that the Group’s businesses deliver consistent shareholder value.
Under his management, Paramount consistently showed growth and profitability.
Paramount has launched 13 property projects comprising multiple phases since 2015, including a joint-venture in Bangkok in 2020. Locally, he led the property development team to enter Penang in 2016 and Kuala Lumpur in 2021.
Mr Chew also led the corporate exercise to transform Paramount's single-campus school education business into the largest pre-tertiary education group in Malaysia in 2017, subsequently unlocking its value in 2019 and completely exiting the business in 2022.
In 2018, Paramount also divested the majority stake of its home-grown KDU tertiary education business to University of Wollongong, an Australian public university, thus allowing the institution to grow to a different level.
Under his leadership, Paramount had won numerous awards, including two top awards at the MSWG-ASEAN Corporate Governance Awards 2020, and more recently, the Top 10 of The Chart (under RM1bil category) at the Malaysia Developer Awards 2022, Industry Excellence Awards for Corporate Governance Disclosure - Property at MSWG-ASEAN Corporate Governance Award 2021 and Highest Return on Equity Over Three Years in the Property Sector at The Edge Malaysia's Centurion Club & Corporate Awards 2022.
Mr Chew was on the Advisory Committee of ACCA Malaysia up to 2017. He is currently an Independent Director and Chairman of the Audit Committee of the Asian Banking School, and a member of the Small Debt Resolution Committee of Bank Negara Malaysia.