Who is Kuok Hui Kwong, Robert Kuok's daughter, new Shangri-La Asia CEO?
The 47-year-old Harvard graduate has been a key figure within the company for nearly a decade, having served as executive director since 2016 and chairman since 2017. Her appointment as CEO will see her take on dual roles, following the retirement of former chief executive Lim Beng Chee in 2022. Lim continues to serve on the board as a non-executive director.
In a filing to the Hong Kong and Singapore stock exchanges, Shangri-La Asia said Hui Kwong had played a "key leadership role" in steering the company's strategic direction and aligning its long-term goals. The group added that the unification of the chairman and CEO roles under her leadership is expected to strengthen strategic cohesion and operational execution.
Hui Kwong, the sixth of eight children of the billionaire tycoon, holds a direct and indirect stake of 95.57 million shares in Shangri-La Asia, representing approximately 2.7 per cent of the company, as well as over five per cent in Kerry Group, a key shareholder of the hospitality group.
Her new position comes with a monthly base salary of HK$576,000 (approximately RM312,000), in addition to discretionary bonuses and pension benefits.
Founded in 1971 by Robert Kuok, the Shangri-La Group opened its first hotel in Singapore. It has since grown into a global luxury hospitality brand with over 100 properties under its portfolio, including Shangri-La Hotels and Resorts, Kerry Hotels, JEN, and Traders. Of these, 81 are directly owned by the group.
According to Forbes, Robert Kuok remains Malaysia's wealthiest individual in 2025, with an estimated net worth of US$11.4 billion.
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