KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has redesignated Tan Sri Lee Oi Hian as the executive chairman effective February 22, 2024, following the retirement of Raja Tun Alias.
The redesignation was made at KLK’s 51st annual general meeting held on February 21, 2024.
Raja Tun Alias has served as a board member since July 1, 1978, and was appointed as chairman of KLK on May 1, 2008.
KLK in a statement said Raja Tun Alias has shown exemplary leadership and steered the company through some of its most
challenging times.
“KLK has been most fortunate and indeed privileged to have Raja Tun Alias serve on the KLK board for more than 45 years, the last 15, as our chairman.
“We remain forever grateful for his astute leadership and steady oversight of KLK’s expansion and related diversification,” Lee said in the statement.
Lee joined KLK in 1974 as an executive and was appointed to the board of KLK on February 1, 1985.
In 1993, he was appointed as the group chairman and chief executive officer (CEO) and held the position until 2008, when he relinquished his role as chairman, but remained as an executive director and CEO of the KLK.
Lee is also the chairman of Batu Kawan Bhd, the holding company of KLK.
KLK board and management thanked Raja Tun Alias for his distinguished service to the KLK over the last 45 years.
