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Ng family scion Daryl Ng to step down as Yeo’s chairman, banking veteran Na Wu Beng to succeed him
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Yeo Hiap Seng (YHS) announced that Daryl Ng will step down as chairman after the AGM on Apr 23, following a planned leadership transition. Banking veteran Na Wu Beng will succeed him, while Edward Averrill Ng will take over as deputy chairman. Daryl Ng, who led YHS through a turnaround to profitability, expressed confidence in Na's leadership. Na has over 40 years of banking experience and aims to build on Daryl's legacy. YHS shares closed at S$0.57, down 1.7%.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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