DEPUTY CEO AND EXECUTIVE DIRECTOR
Genting Berhad
DEPUTY CEO AND EXECUTIVE DIRECTOR
Genting Malaysia
POWER SCORE: 823
POSITION LAST YEAR: 32
CLAIMS TO FAME
- Heir apparent to his father Lim Kok Thay to head Genting Group, founded by his grandfather, Lim Goh Tong
- Resigned as deputy CEO and executive director of Genting Hong Kong in August following its suspension of debt payments
Lim Keong Hui’s voyage to succeed his father Lim Kok Thay as leader of Genting Group hit rough seas with debt issues at Genting Hong Kong, which owns the group’s cruise assets as well as its share of Philippine integrated resort operator Travellers International Hotel Group. However, Lim took a piece of the company with him.
Days after his resignation as Genting HK deputy CEO and executive director, Lim paid the company US$10.3 million for Zouk, a club and restaurant brand. Zouk CEO Andrew Li accompanies the acquisition, also stepping down from his post at Genting HK, which acquired the Singapore-born club in 2015 and opened branches at group properties, including a pair of cruise ships.
Lim still has plenty of irons in the fire at Genting, with deputy CEO and executive director gigs at its Kuala Lumpur listed entities, Genting Berhad and Genting Malaysia. Educated in the UK, Lim worked briefly in investment banking with HSBC before following in his father’s footsteps and joining the business founded by his grandfather, Lim Goh Tong. Hui, as he’s reportedly known, has been chosen as heir to the top job over two brothers.
Amid Genting’s notorious opacity, little has come to light about the younger Lim’s style or business thinking. His Zouk stewardship may offer some welcome hints about how he’ll captain Genting once his ship comes in.
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