KLK redesignates Lee Oi Hian as executive chairman

Tan Sri Lee Oi Hian

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has redesignated its chief executive officer (CEO) Tan Sri Lee Oi Hian as executive chairman, effective Feb 22, 2024, following the retirement of Tun Raja Muhammad Alias Raja Muhammad Ali as the group chairman tomorrow.

In a statement today, KLK said Lee joined KLK in 1974 as an executive and was appointed to the board of the group on Feb 1, 1985.

"In 1993, he was appointed as the group’s chairman and CEO and held the position until 2008, when he relinquished his role as chairman, but remained as an executive director and CEO of the group,” it said.

Lee is also the chairman of Batu Kawan Bhd, the holding company of KLK,” said the plantation company.

Meanwhile, KLK also thanked Raja Muhammad Alias for his distinguished service to the group over the last 45 years.

Raja Muhammad Alias has served as a member of the board since July 1, 1978, and was appointed as the group chairman on May 1, 2008.

"He has shown exemplary leadership and steered the group through some of its most challenging times,” it said. - Bernama