Nordic lays its building blocks for growth

VETERAN banker Chang Yeh Hong, the executive chairman of Nordic Group Ltd, is an unflinching voice of prudence and objectivity.

His focus on discipline and risk management - a skill honed by nearly two decades in the financial industry - has played a pivotal role in the development of SGX-listed Nordic. The group provides systems integration, precision engineering, scaffolding solutions, insulation and mechanical services to the oil and gas, petrochemical, pharmaceutical, as well as infrastructure industries.

"The cornerstones of our management philosophy at the strategic level revolve around prudence, and maintaining a sustainable performance for the group. Our decisions are based on facts, figures and research, not gut feel," Mr Chang said. "Because of my banking backgro…