Lawrence Goh, head of group technology and operations, says on May 5 that the relocation will allow the bank to “bring ideas and talents together” within a broader innovation ecosystem, contributing to Singapore’s Smart Nation push.
United Overseas Bank (UOB) has become the first bank to anchor operations in the Punggol Digital District (PDD), relocating thousands of its technology and staff to the new facility in a bid to reinforce its digital-first strategy.
The move follows earlier plans first announced in 2023, when the bank committed more than $500 million to build a 300,000 sq ft global technology and innovation centre in PDD, designed to house around 3,000 digital and technology staff.
