Genting’s leadership shake-up signals new era for one of Asia’s most powerful family empires

[KUALA LUMPUR] Malaysia’s Genting Group, one of Asia’s largest family-run conglomerates, may be transitioning to a more professional corporate structure as long-time chief Lim Kok Thay stepped down after nearly two decades at the helm.

Observers said this move could strengthen governance, reassure investors and address succession risks.

Tradeview Capital portfolio manager Neoh Jia Man noted that institutional investors have historically paid close attention to Genting’s family-controlled leadership.