Fraser & Neave Holdings Bhd (F&N) has appointed Tarang Gupta as chief executive officer-designate, effective July 1, 2026, as part of a planned leadership transition.
In a Bursa Malaysia filing, the food and beverage group said Gupta will succeed Lim Yew Hoe, who will retire as CEO on Sept 30, 2026. Gupta is scheduled to assume the CEO role on Oct 1, 2026.
Gupta brings more than 24 years of experience in the fast-moving consumer goods (FMCG) industry, with a track record in driving growth and transformation across Asia and Africa. F&N said he has held senior leadership positions managing complex organisations, with end-to-end responsibility for commercial performance, operational excellence and capability development. His experience spans multiple consumer categories, including dairy and nutrition, where he led market expansion initiatives, strengthened execution discipline and built resilient supply chain platforms.
He previously served as managing director of Dutch Lady Milk Industries Bhd for Malaysia and Singapore.
F&N said Lim will continue to lead the group during the transition period and will work closely with Gupta to ensure a smooth and orderly handover. Lim noted that the company is well-positioned for its next phase of growth and expressed confidence in Gupta’s leadership.
Gupta said he looks forward to working closely with Lim and the leadership team to further strengthen the group’s capabilities and drive continued growth.
