Category: People Moves

MANILA, Philippines – Security Bank Corp. has appointed Victor Lee Meng Teck, a Singaporean veteran banker, as its new president and CEO effective early January 2026. Lee, the former CEO of CIMB Singapore, will replace Sanjiv Vohra after more than six years. MANILA, Philippines – Security Bank Corp. has appointed Victor Lee Meng Teck, a Singaporean veteran banker, as its new president and CEO effective early January 2026. Lee, the former CEO of CIMB Singapore, will replace Sanjiv Vohra after more than six years. Vohra will remain as senior advisor to the board once he steps down next year, Security Bank said in a stock exchange disclosure on Tuesday. “We’re grateful to Sanjiv for his steady leadership during one of the most challenging periods in recent history,” Security Bank chair Cirilo Noel said. Vohra was appointed months before the onset of the COVID-19 pandemic, which paralyzed economies across the globe. Seamless transition“His vision and dedication have left the bank stronger, more resilient and well-prepared for the future,” Noel added. For his part, Lee is recognized for spearheading the growth of CIMB Singapore, doubling the bank’s revenue and raising return on equity to nearly 20 percent, according to Security Bank. “As we welcome Victor, we’re confident this seamless transition will allow us to sustain momentum and capture new opportunities,” Noel noted. Lee’s appointment comes two months after Security Bank announced the early retirement of Eduardo Olbes, its chief financial officer. Olbes, who first joined Security Bank 15 years ago, became senior advisor to the president and CEO on Aug. 11.

Pembroke Resources has announced Michael Rosengren as its new chief executive officer (CEO) following the company’s founder stepping down from executive responsibilities. Rosengren brings decades of technical and operational mining expertise to the role and will lead the company’s next phase of growth. The company said it’s looking to consolidate production and advance the second-phase expansion of the Olive Downs Complex in the Bowen Basin of Queensland. As one of Australia’s leading steelmaking coal mines, the Olive Downs Complex is a cornerstone asset for Pembroke with strong reserves and expansion potential to support growth for years to come. Rosengren has extensive experience managing resource assets, the company said, previously holding leadership positions at BHP Billiton, Thiess and Mount Isa Mines. He most recently held the position of managing director at QMetco. “It’s a privilege to lead Pembroke at this pivotal time,” Rosengren said. “Our immediate priorities are safe, reliable production to position the company for sustainable, long-term growth. I look forward to working with our people and partners to expand the Olive Downs Complex and deliver ongoing value for our communities, customers and investors.” The management change has been welcomed by Pembroke’s chairman, Carl Tricoli, who said Rosengren’s “operational expertise and track record in boosting production efficiency make him the right leader as we look to transition from developer to producer, expand capacity and drive long-term value for our stakeholders.” Barry Tudor, who founded Pembroke in 2014, has stepped down from leadership after more than a decade, but will still maintain a board seat to provide “a seamless transition”. It’s understood a number of other executive managerial changes are being made in line with the company’s transition from asset developer to established producer. Source: https://www.australianmining.com.au/pembroke-resources-announces-new-ceo/

Fraser and Neave (F&N) has appointed Rahul Colaco as its new chief executive officer, effective 1 October 2025. He takes over from Hui Choon Kit, who will retire and step down as CEO on 30 September after 25 years with the group. Hui will remain with F&N until 31 January 2026 to ensure a smooth transition, the company said in a statement. Colaco brings nearly three decades of experience in the consumer goods industry, spanning leadership roles across both developed and emerging markets. Since 2024, he has served as chief of spirits, international at Thai Beverage Public Company (ThaiBev), and from 2020 to 2024, he was CEO of Grand Royal Group in Myanmar. He also spent several years with FrieslandCampina in China, Nigeria, and Malaysia, as well as more than a decade at Unilever in the Netherlands, Italy, and India. Koh Poh Tiong, chairman of F&N, described Colaco as a “seasoned leader with a strong track record in building brands, driving growth, and delivering results across diverse markets.” He added that the board is confident Colaco will guide the group into its next phase of growth while navigating a dynamic operating landscape. In accepting the role, Colaco said: “It is an honour to be entrusted with the leadership of F&N, a company with such a rich heritage and strong portfolio of brands. I look forward to working closely with the Board, leadership team, and colleagues across the Group to build on our achievements and drive further growth and innovation.” The board also paid tribute to Hui’s long-standing contributions. Koh highlighted Hui’s dedication over the past 25 years, noting his role in steering F&N through a rapidly evolving business environment. Reflecting on his tenure, Hui said: “It has been a privilege to lead F&N and to work alongside such a talented and dedicated team. Together, we have navigated challenges and seized opportunities to strengthen the Group.” “I am proud of what we have accomplished, and I am confident that under Rahul’s leadership, the Group will continue to achieve even greater success,” he added. Source: https://www.marketing-interactive.com/f-n-names-new-ceo

Sun Life Financial has appointed Mr Sujoy Ghosh as CEO for high net worth (HNW), effective 4 November. In his new role, he will lead Sun Life’s HNW business, with operations in Singapore and Hong Kong. Mr Ghosh will also deepen partnerships and enhancing capabilities to strengthen Sun Life’s position as an established market leader in HNW insurance. Mr Ghosh brings 27 years of experience in leadership roles spanning insurance and banking across Asia, the Middle East and Europe. He joins Sun Life from Citi. Prior to joining Citi, he worked with Allianz. Source: https://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/93010/Type/eDaily/Asia-Sun-Life-Financial-appoints-new-CEO-for-HNW

OMRON Healthcare Korea announced on Wednesday that it has appointed Kazuhide Kondo as its new CEO. A graduate of Hosei University in Japan, Kondo joined OMRON Corporation in 1990. He has played a pivotal role for over 35 years, including during the spin-off of OMRON Healthcare, highlighting his long-standing career within the Omron group. He is recognized as a global business expert who has successfully led numerous projects in various countries, including Japan, Singapore, Thailand, Indonesia, and the Netherlands. Leveraging the expertise gained from his long tenure overseas, he established import and export strategies tailored to each market environment and spearheaded localized marketing efforts, contributing to the strengthening of OMRON Healthcare’s global presence. During the establishment of the Indonesian subsidiary, he secured all necessary corporate, import, and medical device licenses. He expanded the distribution network to pharmacies and hospitals, achieving a threefold increase in sales within just three years. Furthermore, over the past 14 years, he has driven market expansion and sales growth in Africa and Southeast Asia, establishing strategic partnerships with local distributors to create new growth engines. Most recently, he led business expansion by establishing region-specific sales strategies at the Japanese headquarters, spearheading projects to expand distribution channels and launch new products. Source: https://www.koreabiomed.com

Allianz Trade has appointed Mr Hassan Omaish as CEO for Hong Kong, South Korea and Taiwan (collectively the Hong Kong Hub), effective 1 October 2025. Mr Omaish brings a wealth of international experience and strategic insight to his new role, having been with Allianz Trade for 15 years, holding leadership positions across Europe, Asia and the Middle East. Most recently, Mr Omaish served as global head of broker management and partnerships. Previously, his roles included commercial director for ASEAN countries and Hong Kong Hub, as well as country manager of Malaysia. He also held senior leadership positions across the GCC. Mr Omaish holds a master in international business with a focus on finance from the University of Wollongong. He will succeed Mr Edmond Lee, who is retiring after spending 12 years with the company. Source: https://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/92916/Type/eDaily/Asia-Allianz-Trade-appoints-new-CEO-for-Hong-Kong-South-Korea-and-Taiwan

McCann Worldgroup has appointed Takashi Aoki (pictured) as the representative director and CEO of McCann Worldgroup Japan, effective 2 October 2025. He will continue assuming the role of representative director and CEO of McCann Japan. He will report to Ghassan Harfouche, president of McCann Worldgroup APMENAT. With Ji Watson returning to the US to reunite with her family after many years in Asia, this leadership transition has been strategically designed to strengthen the positioning of McCann Worldgroup in Japan, reinforcing its integrated offering and future-forward capabilities to better serve both domestic and international clients in a rapidly evolving market. In his new role, Aoki steps into a broader leadership role across McCann Worldgroup’s Japan operations, further unifying the group’s creative, digital, and production capabilities under one strategic vision. Aoki brings more than 25 years of experience across creative, digital and integrated marketing. He began his career as a content planner and writer, later spending 18 years with WPP, including over seven years at J. Walter Thompson Shanghai, where he helped drive brand growth across Asia. In 2018, he joined Publicis Groupe, leading the launch of a digital transformation agency for a global automotive brand. He went on to serve in key leadership roles, including general manager of Saatchi & Saatchi Tokyo and managing director of Media.Monks Tokyo. Aoki was appointed president of agencies, McCann Japan and Craft Japan, in October 2023, and since then has driven business momentum with a strong focus on strategic integration, creativity and operational excellence. Watson said: “As I prepare to hand over leadership responsibilities, I am filled with gratitude for the journey we have shared at McCann Worldgroup Japan. Leading this organisation has been a great privilege, and I am proud of all we have accomplished together from driving consistent growth to building a culture of collaboration and innovation.” “Aoki has been a key part of that success. In the past two years, he has proven himself to be a thoughtful, strategic leader with a strong commitment to our clients and teams. I have every confidence that under his leadership, McCann Worldgroup Japan is well positioned for continued success,” he added. Harfouche added: “Watson has been a transformative leader, driving sustained growth, seamless integration, and a deeply inclusive culture in one of the world’s most significant advertising markets. Her leadership in Japan has built a powerful foundation – one that positions us strongly for the future. “I’m pleased to announce Aoki as her successor. In his current capacity as the president of McCann and Craft Japan, Aoki has demonstrated strong leadership with a clear vision and a deep understanding of our clients’ businesses. He brings the ability to lead across multiple markets and sectors, unite high-performing teams and deliver with creativity and operational excellence. He is uniquely equipped to lead our next phase of growth in Japan and has been working very closely with Ji to ensure a seamless transition. I look forward to working with him and our Tokyo leadership team.” Aoki said: “I feel greatly honored to be appointed as representative director and CEO of McCann Worldgroup Japan as Watson’s successor. Over the past two years, the evolution and agency transformation programme that Watson and I have driven together have yielded tangible results, positioning us as a powerful and agile organisation in this time of dynamic change.” “Moving forward, we will continue to expand our capabilities and integrate our solutions, further enhancing our value as an iconic agency and delivering outstanding solutions to our clients,” he added. Source: https://www.marketing-interactive.com/mccann-worldgroup-japan-names-new-ceo

CIMB Group Holdings Berhad has appointed an acting CEO of growth markets and officer-in-charge of CIMB Singapore following the departure of Victor Lee Meng Teck. Novan Amirudin, group CEO of CIMB Group, will oversee the growth markets as its acting CEO. Andrew Boey, chief financial officer of CIMB Singapore, will step in as the officer-in-charge of CIMB Singapore. Teck, who is CEO of growth markets and CEO of CIMB Singapore, has resigned to pursue other opportunities, the bank said in an announcement on 9 September 2025. He will be on gardening leave with immediate effect. Teck started his career with CIMB Group in January 2019 when he was appointed CEO, group commercial & transaction banking. He took over as CEO of CIMB Singapore in January 2020. Source: https://asianbankingandfinance.net/retail-banking/news/cimb-names-new-growth-markets-singapore-unit-chief

Australasian alcohol company Lion, a subsidiary of Japanese conglomerate Kirin, has promoted Anubha Sahasrabuddhe to the role of CEO. She will take over the role on 1 October from Sam Fischer, who will join Australia’s Treasury Wine Estates as CEO. Sahasrabuddhe is currently Lion’s chief growth and commercial officer, and the co-leader of the Lion Australia business alongside James Brindley. The move coincides with the merging of the company’s Australian and New Zealand operations into Lion ANZ to position the group as an “Australasian powerhouse”. A single leadership team will be at the helm of the unified business to enable “faster decision-making and even closer collaboration across both markets”. Sahasrabuddhe said: “In recent years we’ve been transforming Lion to create a powerful platform for growth – unlocking new investment which has been refocused into our world-class brands, digital transformation and product innovation – while strengthening our supply chain and improving our partnerships and execution with customers. “But great businesses never stand still and Lion ANZ will position our business as an Australasian powerhouse, building on our incredible heritage spanning more than 180 years and the momentum we have created in recent years. “Lion ANZ will make us more dynamic and market-focused than ever before – propelling our iconic beer brands to new heights and supercharging our growth in Australia and New Zealand. Lion is an incredible company and I am delighted to have been appointed as its next CEO to take us forward into our next era of growth.” Sahasrabuddhe joined Lion in 2021 as chief marketing officer after holding senior leadership roles at The Coca-Cola Company and Mars Wrigley across Asia Pacific and the US. Lion said its US businesses, New Belgium Brewing and Distinguished Vineyards, have “grown to a point of scale and maturity where they can report directly to Kirin”. This new structure will allow the company to focus its full attention and investment on Australian and New Zealand-based customers, Lion added. New ANZ senior team A new Lion ANZ leadership team has been created, reshuffling those currently at the helm of its Australian and New Zealand divisions. As a result of the restructure, Lion’s current chief people and transformation officer, Alicia Purtell, and chief financial officer (CFO) Triston King have decided to leave the business at the end of March 2026. They will be replaced by Jane Hill and Severine Yerriah, respectively. Brindley will continue in his role as Lion Australia’s managing director until the end of 2025, when he will become a strategic advisor. Brindley will be a member of the Lion ANZ leadership team and will continue to lead the group’s spirits business in Australia. He will work directly with key customers and external partners across the two markets. Lion’s current New Zealand managing director, Craig Baldie, has been appointed to a new role of chief operating officer, with responsibility for leading the country’s sales and marketing teams in New Zealand. He will also look after strategy, digital and technology, sustainability, and container deposit schemes. Other new hires to Lion’s leadership team include Matthew Anderson as chief supply chain officer, Glen Brasington as executive general manager (GM) – marketing, Kerry Appathurai as executive GM – sales, and Adam Gelbart as executive GM – commercial operations. In addition, Saira Zaki joins as general counsel, Ted Sato has been appointed executive board director and Kirin strategy director, Julian Luke is the new executive director for corporate affairs, and Kenneth Yeo has become executive director for risk and audit. These new roles are effective from 1 October this year. Lion acquired Australian gin maker Four Pillars in July 2023. Kirin’s spirits portfolio also includes Kentucky-based Four Roses Bourbon and Japanese whisky brand Fuji. Source: https://www.thespiritsbusiness.com/2025/09/lion-hires-new-ceo-to-lead-unified-anz-division/

Global professional services firm Alvarez & Marsal has bolstered its team in Southeast Asia with Sanath Kumar who has joined as a Managing Director. Based out of Alvarez & Marsal’s Singapore office, Sanath Kumar will play an important role in building out the firm’s Healthcare & Life Sciences practice across ASEAN markets. Sanath has more than 18 years of experience in the healthcare and life sciences sector, specializing in large-scale transformation, mergers & acquisitions, supply chain transformation, growth strategy, commercial excellence, digital transformation, and patient-centric business model redesign and implementation. He has advised private and public sector organizations – including investors, healthcare institutions, and governments. His notable work includes driving margin enhancement for a private equity-backed leading hospital chain; developing and executing a greenfield medical tourism hospital strategy; and leading the national Covid-19 vaccine strategy and rollout for a major Southeast Asian ministry. Prior to joining Alvarez & Marsal, Sanath spent over 10 years at Kearney, where he most recently served as a Partner and helped set up and lead the healthcare and life sciences offering across Southeast Asia. Commenting on his move, Sanath said: “Alvarez & Marsal’s operational heritage and commitment to driving change dovetails with my professional experience and philosophy. Building the Healthcare practice from the ground up across the region is both an exciting opportunity and a meaningful challenge. I look forward to collaborating with our clients, teams, and the broader ecosystem to enhance healthcare delivery and create long-term value for our clients.” Utsav Garg, Managing Director and Head of Southeast Asia and Australia, said, “We are committed to building distinct capabilities in Southeast Asia and Australia that align with our clients’ most complex needs. Healthcare is a priority investment area for us in the region, and Sanath’s appointment reflects our intent to serve this sector with deep expertise and practical solutions. His leadership will be central to scaling our healthcare practice and delivering impact.” Source: https://www.consultancy.asia/news/6185/Alvarez-Marsal-hires-Sanath-Kumar-to-help-grow-Healthcare-practice