CEO Yap Kok Cheng will take on the additional role starting next year.
Qian Hu Corporation Limited (Qian Hu) has announced that its Executive Chairman Kenny Yap will retire on 31 December 2024.
The board, however, has asked Kenny to remain as an Advisor, to which Kenny has agreed on a pro bono basis.
Meanwhile, CEO Yap Kok Cheng will assume the role of executive chairman from 1 January 2025 and will be redesignated as executive chairman & CEO.
Kenny has been at the helm of Qian Hu since 1998 and has led the company through over two decades of growth and transformation. His focus on innovation, sustainable practices and strategic partnerships is said to have been instrumental in maintaining Qian Hu's competitive edge in the global market.
Kenny said he is looking forward to his retirement and believes that Qian Hu is in safe, capable hands.
Qian Hu is an integrated global player in ornamental fish, aquaculture, aquarium and pet accessories, with a market reach of over 80 countries and cities.