Beverage and publishing group Fraser and Neave (F&N) has announced Hui Choon Kit as its CEO from Feb 1.

The 57-year-old will “focus on accelerating the execution of F&N’s growth strategy and driving the growth of the [its] businesses,” the group announced in a Jan 31 regulatory filing.

Hui – who joined the group in 2000 – is currently the CFO and company secretary of F&N group. He has also held several leadership positions in corporate planning & business development, corporate communications & special projects, group finance and the corporate secretariat departments.

Meanwhile, the group also announced the retirement of 59-year-old Lee Meng Tat as CEO, non-alcoholic beverages.

Lee – who has been in the role for close to 7 years – has been overseeing the segment’s operations and investments in Indonesia, Malaysia, Myanmar, Singapore, Thailand and Vietnam.

<span class='see_also_inread'><b>See also: <a class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/news/new-appointments/nordic-appoints-astro-chang-ceo-newly-acquired-starburst-holdings?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>Nordic appoints Astro Chang as CEO of newly-acquired Starburst Holdings</a></b></span>

In another move, 56-year-old Edmund Neo is also set to step down as CEO, beer from Feb 1.

This is to allow him to focus on his leadership role in brand investment in Thailand Beverage (ThaiBev), a shareholder and strategic partner of F&N.

Other appointments announced by F&N include – Christopher Leong as director of group finance and Samuel Lee as company secretary – from Feb 1.

Shares of F&N closed flat at $1.39 on Jan 31, while ThaiBev’s shares was up 0.5 cents or 0.8% to 65.5 cents.

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