Sakae Holdings promotes Foo Lilian to CEO
She replaced Douglas Foo Peow Yong, who stepped down from the CEO role to allow him to concentrate fully as executive chairman.
Sakae Holdings announced the appointment of Foo Lilian as executive director and chief executive officer.
Ms Foo, 39, will be responsible for overall management, day-to-day operation, strategic planning and business development function of the group, according to a Sakae Holdings report.
Prior to her appointment, she was the group's executive vice president and retains her role as executive director.