SP Group announced on Wednesday (Dec 28) that its current chairman Tan Sri Mohd Hassan Marican will be retiring on Jan 1, 2023.
He will be succeeded by Leong Wai Leng, who is currently the deputy chairman of the board.
Marican has been a director of SP’s board since February 2011 and chairman since June 2012. Under his leadership, the company expanded its services beyond essential utilities to a “full suite of sustainable energy solutions” for customers in Singapore, China, Vietnam and Thailand.
He has also helped expand SP’s philanthropy and community outreach efforts, from programmes for seniors to initiatives that benefit youth from vulnerable backgrounds, said the utilities group.
His successor, Leong, hails from a background of experience in both private and public sectors. She joined the board in April last year.
Leong is currently the chief financial officer (CFO) of Temasek Holdings and Temasek International, and head of Singapore projects at Temasek International. From Jan 1, she will also helm the role of president of Singapore market at Temasek International and relinquish her position as CFO of both Temasek groups.
