[SINGAPORE] The man helming hospitality player Far East Orchard, Lucas Chow, 61, is retiring as group chief executive officer and managing director this September.

He will be succeeded by Lui Chong Chee, 54, whose last appointment was chief financial officer at another listed firm, Raffles Medical Group.

"During his tenure, Mr Chow played a pivotal role in the transformative growth of Far East Orchard" to become a major regional hospitality and property company, the group said yesterday.