Yinson Holdings Berhad has announced s string of new appointments on its Senior Management team, as it looks for continued growth of its business units and rollout of its strategic roadmap.
The group has appointed Daniel Bong to the role of Chief Executive Officer of Farosson, a new business unit of the Group, which provides advisory solutions and asset management to focus on group capital recycling activities. Daniel previously held the role of Group Chief Strategy Officer and Head of Group Corporate Advisory in Yinson.
Accordingly, Chai Jia Jun will succeed in the role of GCSO. JJ previously held the role of Director of Group CEO Office. Concurrently, Mr Eirik Barclay’s job title has been updated as Chief Executive Officer, Yinson GreenTech; and Mrs Louisa Brady’s job title has been updated as Group Chief Human Resources Officer to better reflect their roles within the Group. These changes it said will take effect on 1 March 2023.
In his previous capacity as Director of the Group CEO office, JJ was responsible for the equity market activities, partnerships and new ventures of Yinson Group. As the GCSO and Head of GCA, Daniel previously oversaw the corporate finance and investments, strategy development, corporate legal, governance, risk management and compliance, sustainability and corporate communications functions as well as managed the Group’s business and financing partnerships. He also maintained oversight of the Group’s tax, treasury and finance functions through reporting from the Group Chief Financial Officer.
These changes are part of the Group’s strategic initiative to accelerate its growth plans, which also includes increased autonomy and decision making by the business units and reinforcing their respective management teams. Accordingly, the Group Strategy Office will now oversee the Group’s overall strategic direction, with JJ focusing on group strategy, investor relations, sustainability, corporate communications, governance, risk management and compliance.
