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KUALA LUMPUR (March 3): Genting Malaysia Bhd said its long-time president Datuk Seri Lee Choong Yan has been redesignated as a senior adviser, and is slated to step down from the new role in May.
In conjunction with his slated retirement from the senior adviser role, he will also be redesignated to a non-executive director from his current executive director’s seat, according to the group’s bourse filing on Monday.
Lee, 65, is a veteran of Genting Malaysia, whose appointment as president dates back nearly two decades, when he was appointed to the role as well as chief operating officer in August 2006.
He later joined the group’s board as executive director in January 2020, while retaining the role of president.
Lee is also the CEO of Genting UK Plc, the group’s UK-based unit, which owns and operates over thirty casinos, together with the integrated resort, Resorts World Birmingham.
GenM did not disclose a succession plan in its bourse filings.
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