PETALING JAYA: PPB Group Bhd
has appointed Datuk Kuok Meng Xiong as its new group managing director (MD), effective Sept 1, 2026, as part of its succession planning efforts.
Kuok, who currently serves as a non- independent non-executive director on PPB’s board, will succeed Lim Soon Huat, who will retire as group MD and board member on the same date.
In a bourse filing, PPB said Kuok brings extensive leadership experience from the Kuok Group and the hospitality sector.
He is MD of Kuok Brothers Sdn Bhd and an alternate director of Kuok (Singapore) Ltd.
Beyond his corporate roles, Kuok founded Asean-focused venture capital firm K3 Ventures.
Meanwhile, Lim – who joined PPB’s board in 2008 and became MD in 2012 – will assume the role of adviser to the board following his retirement.
