PETALING JAYA: Fraser & Neave Holdings Bhd
(F&N) has appointed Tarang Gupta as chief executive officer (CEO) effective from Oct 1.
Gupta is taking over the helm from Lim Yew Hoe as he would be retiring on Sept 30.
In an announcement, the company said Lim would continue leading F&N during the planned leadership transition period, working closely with Tarang to ensure a smooth and orderly handover of responsibilities.
Tarang holds over 24 years of experience in the fast-moving consumer goods sector, spanning multiple consumer categories, including dairy and nutrition.
He has served in various senior leadership roles overseeing organisations with end-to-end responsibility for commercial performance, operational excellence and capability development.
Tarang had led Royal FrieslandCampina’s business in the Philippines through its subsidiary, Alaska Milk Corp.
Prior to this, he was the managing director of Dutch Lady Milk Industries Bhd in Malaysia and Singapore.
“We are confident that Tarang brings the experience, perspective and leadership energy to build on this strong foundation.
“His appointment reflects the board’s commitment to continuity, disciplined execution and the pursuit of new growth opportunities in an evolving consumer landscape,” F&N chairman Tengku Syed Badarudin Jamalullail said.
On his appointment, Tarang said: “The F&N group’s progress over the years reflects the strength of its values, the discipline of its execution and the dedication of its people.
“As we look ahead, I am energised by the opportunity to build on this enduring foundation.”
Lim was appointed F&N CEO in 2014. During his tenure, Lim steered the group in sharpening its strategic focus while investing in capabilities to support sustainable long-term growth.
This included advancing its integrated dairy development platform, an initiative aimed at strengthening supply resilience and supporting the future development of the dairy industry in Malaysia.
