Kencana Agri's CEO passes on reins to son
PLANTATION company Kencana Agri on Friday said that as part of succession planning for the firm, Henry Maknawi shall resign as CEO with effect from Jan 1, 2018, although he will remain as executive chairman and a member of the nominating committee.
Following his resignation, his son Albert Maknawi will be appointed CEO with effect from the same date.
Mr Henry Maknawi's sister Ratna Maknawi will also be redesignated from deputy CEO to executive vice-chairman with effect from the same date.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wall Street bulls say stock rally can resume even without rate cuts
WTI expected to continue pullback before rebounding
Yen tumbles to 34-year low; US dollar gains after inflation data
Singapore banks unlikely to surprise at Q1 earnings, but expect upside from delayed rate cuts: analysts
Fed repricing gives rise to new equities playbook in Asia
Dasin Retail Trust’s creditor to repossess director’s properties over loan default