At the ASEANext Forum 2026 in Singapore on July 30, Koh joined a panel discussion on "Wealth, Values and Generational Transition", where business leaders examined how family enterprises can navigate succession amid Asia's growing intergenerational wealth transfer.
Following the session, Koh spoke with VnExpress International about preparing the next generation of leaders, balancing legacy with innovation, strengthening family governance and the growing opportunities for private banking in Vietnam.
Angela Koh, Head of Wealth Planning and Family Office Advisory Services at UOB Private Bank. Photo courtesy of the bank
In many family businesses, succession is often associated with choosing the next leader. From your experience, what should families actually look for when preparing the next generation?
Succession is not about choosing an heir. It is about choosing the right person. Families should not assume the eldest child will automatically become the next leader. Instead, they should identify someone with the ability to develop into an effective leader, the values to become a responsible owner, and the commitment to serve as a steward of the family's wealth.
