Genting Singapore Limited has announced that President and COO Tan Hee Teck has been appointed as the new CEO of the company.
Concurrent to his appointment as CEO, Tan has ceased to be President and COO. He has held those roles since 2010, as well as the role of CEO of Resorts World at Sentosa Pte. Ltd. since 2007.
Tan was then appointed Chairman of RWS in 2015, and was responsible for its successful bidding of the integrated resort at Sentosa in 2006.
Genting noted that the CEO is responsible for executing the board’s approved strategies, as well as managing and developing the group’s businesses. He will also provide leadership to the management team of the company in order to “ensure effective day-to-day operational performance and organisational excellence.”
Genting added: “Mr Tan Hee Teck has been with the group since 2004, and has been the President and Chief Operating Officer of the company since 2010.
“The Nominating Committee and the Board have assessed and are satisfied that Mr Tan has the qualifications and experience to be appointed as the Chief Executive Officer of the company.”
There have also been further changes within the Genting board, with Chan Swee Liang Carolina re-appointed as Lead Independent Director for another three-year term. She has been appointed as Chairman of the Nominating Committee (NC) in place of Jonathan Asherson, who will remain as a member of the NC.
Hauw Sze Shiung Winston has been appointed as a member and Chairman of the Remuneration Committee (RC) in place of Chan, who has ceased to be a member, while Ong Jinq Her has been appointed as Company Secretary in place of Liew Lan Hing.
MGM Resorts International has commenced a recommended public tender offer for 100% of the shares of LeoVegas AB at a value of $607m. The acquisition is to be…
Earlier this month the Advertising Standards Authority (ASA) announced new rules that will dramatically restrict the use of sportspeople and celebrities in gambling advertising. The UK’s advertising regulator…