Hong Leong Asia Ltd. announced the appointment of Kwek Leng Peck as the executive chairman, to succeed Mr. Kwek Leng Beng following the latter's retirement as a non-executive director at the 56th Annual General Meeting of the company held on 28 April 2017. Mr. Kwek Leng Peck will assume the role of Executive Chairman immediately upon the conclusion of the 56th AGM. As Executive Chairman, he will bear overall executive responsibility for the Group's business and lead the Board in developing policies and strategies for the Group. Mr. Kwek Leng Peck has served on the Board since 1982 and became an Executive Director of the Company in 1998. Upon his re-election as Director on 28 April 2017, Mr. Kwek continues to be a member of the Hong Leong Asia Share Option Scheme 2000 ("SOSC").