Robert Kuok’s grandson appointed PPB managing director

Datuk Kuok Meng Xiong, grandson of Malaysian business leader Robert Kuok, has taken over as managing director of PPB Group. His appointment took effect on Sept. 1 and marks a leadership transition at the Malaysian conglomerate.

PPB has interests in grains and agribusiness, property, and film exhibition and distribution. Kuok said the group had built a strong foundation over several decades and pledged to build on it with employees while creating long-term value for stakeholders.

Kuok brings experience in business building, operations and investment. He is managing director of Kuok Brothers Sdn Bhd, an alternate director on the board of Kuok (Singapore) Ltd, and founder and managing director of Singapore-based venture capital firm K3 Ventures.

Before his current positions, Kuok held senior leadership and executive roles at Shangri-La Group, with responsibilities covering China and Hong Kong, South Asia and Central Asia. His work there included hotel operations, project development and new-business expansion. Through K3 Ventures, he has also invested in venture capital and growth companies.

Kuok succeeds Lim Soon Huat, who retired as PPB’s group managing director and from the board after nearly 20 years with the company. Lim will remain with PPB as an adviser to the board. PPB also appointed Jeremy Goon as executive director to work with Kuok and the leadership team on the group’s business and long-term growth strategy.

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My commitment is to build on these strengths, work closely with our people and continue creating sustainable long-term value for our stakeholders.