Genting Singapore appoints new CEO

GENTING Singapore has appointed its president and chief operating officer (COO) Tan Hee Teck as the company’s chief executive officer (CEO) with immediate effect, the integrated resort operator announced on Sunday (May 1). Tan will concurrently cease to be president and COO, positions he has held since 2010, upon the new appointment.

As CEO, Tan will be responsible for executing the board’s approved strategies, managing and developing Genting’s businesses, and providing leadership to its management team, the company said in a bourse filing.

Genting added that Tan has been with the group since 2004, serving as CEO of its wholly-owned subsidiary Resorts World at Sentosa (RWS) since 2007. 

It said: “He was appointed as the chairman of RWS on Feb 25, 2015, and provides leadership and leads the management team at RWS. He was responsible for the successful bidding of the Integrated Resort at Sentosa in 2006.”

“The Nominating Committee and the board have assessed and are satisfied that Mr Tan has the qualifications and experience to be appointed as chief executive officer of the company,” it added.

Tan also currently sits on the board of the Central Provident Fund, where he also serves as chairman of the risk management committee and a member of the staff committee.

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Shares of Genting Singapore last traded unchanged at 81 Singapore cents last Friday.