PepsiCo’s Apac CEO Tan Wern-Yuen to join Hillhouse Investment
He will lead the global consumer and retail team at the private equity firm
PEPSICO’S Asia-Pacific CEO and global chief commercial officer, Tan Wern-Yuen, is set to join private equity firm Hillhouse Investment in March.
The Business Times understands that the executive will lead the global consumer and retail team at Hillhouse. The firm has more than US$100 billion in assets under management.
In a LinkedIn post on Feb 21, Tan announced that he was leaving PepsiCo. He joined the food and beverage (F&B) giant in 2020 during the Covid-19 pandemic, taking over the top Asia-Pacific position from Ram Krishnan, who had transitioned to the role of global chief commercial officer at the time.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny