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

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read