Published by Hubbis – 13th Mar 2019
Dato’ Seri Cheah Cheng Hye and Louis So appointed as Co-Chairmen of the Board.
Value Partners has announced the re-designation of Dato’ Seri Cheah Cheng Hye and the appointment of Mr. So Chun Ki, Louis as Co-Chairmen of the Board. Dato’ Seri Cheah is currently the Chairman and Co-Chief Investment Officer of Value Partners, while So is currently the Deputy Chairman and Co-Chief Investment Officer.
The re-designation and appointment is part of the Group’s ongoing succession planning initiatives to ensure the continuity of strong business stewardship. It is the latest step in a succession planning process that has been underway for the past several years, going back to 2012 when Mr. So was appointed Deputy Chairman.
Dato’ Seri Cheah will continue to play an active role in steering the Group’s overall business and investment strategies. Mr. So will work closely with Dato’ Seri Cheah on all aspects of providing leadership to Value Partners. While Mr. So will be more engaged in the daily operations of the Group, Dato’ Seri Cheah will focus more on strategic matters. Dato’ Seri Cheah will also be responsible for appointments of key staff and the overall positioning of Value Partners as a financial services platform. It is expected that the collaboration between Dato’ Seri Cheah and Mr. So will bring about more growth potential and facilitate the Group’s transformation from a regional player to a world-class asset management group.
Dato’ Seri Cheah said “Value Partners has built a very valuable brand and platform and I remain fully committed to the Group, as always. Certainly, the future is promising.”
The re-designation and appointment is conditional upon certain amendments to the articles of association of the Group being approved by shareholders.
