Genting Group patriarch Lim Kok Thay will from tomorrow step down as CEO of Genting Berhad, the company has announced, to be replaced by long-time President, COO and Executive Director Tan Kong Han.
In an announcement issued late Thursday, Genting explained that Lim – ranked No 5 on IAG’s 2025 Asian Gaming Power 50 list – will relinquish the CEO role to focus on other responsibilities within the group, although he will remain as Executive Director.
Genting Bhd owns Las Vegas Strip property Resorts World Las Vegas and is majority shareholder in Genting Malaysia – whose assets include Resorts World Genting near Kuala Lumpur – and Genting Singapore, parent company of Singapore’s Resorts World Sentosa.
Tan, who earlier this week stood aside as CEO of Genting Plantations Bhd, steps into the CEO role at Genting Bhd after 18 years in his previous position as President, COO and Executive Director. He will remain President and Executive Director but relinquish the COO position.
Lim, the son of Genting Group founder Lim Goh Tong, said, “On behalf of the Board, I would like to congratulate Dato’ Sri Tan Kong Han on his promotion and new appointment. He replaces me as Chief Executive Officer to lead and oversee the day- to-day operations of Genting Berhad, thus enabling me to focus on my duty as the Executive Chairman of the Board and my other duties within the Genting Group.
“Dato’ Sri Tan joined the company in 2007 as its President and COO, assumed the role of director in 2020, and is now stepping into the CEO role as part of a multi-year succession plan.”
Lim himself became a Genting director upon turning 25 in 1976 and took over from his late father Lim Goh Tong as group chairman in 2003.
His own son, Lim Keong Hui, became Deputy CEO of Genting Berhad in 2019 and is seen as a long-term successor to the group’s vast empire.
RelatedPosts
