AEM Holdings Ltd. announced management changes. Chok Yean Hung, Group CEO, will retire on 30 June 2020 and join the board as a non-executive, non-independent director with effect from 1 July 2020. Chandran Nair, currently Group President, will be appointed as Group CEO with effect from 1 July 2020.

Executive Chairman Loke Wai San plans to return to his Non-Executive Chairman role from 1 January 2021. He will also chair the newly formed Strategy Committee that will comprise Lavi Alexander and Loh Kin Wah as members and will work with management on long term strategic planning and its implementation.