Fraser & Neave Holdings Bhd announced a planned leadership transition, as Chief Executive Officer ("CEO"), Mr. Lim Yew Hoe, prepares to retire on 30 September 2026 after a long and distinguished tenure with the F&NHB group. To ensure leadership continuity and drive the F&NHB group's next phase of growth, the Board has appointed Mr. Tarang Gupta as CEO Designate with effect from 1 July 2026. He will assume the role of CEO on 1 October 2026.
Mr. Gupta has over 24 years of experience in the fast-moving consumer goods sector, with a strong track record of leading growth and transformation across Asia and Africa. He has held various senior leadership roles overseeing complex organizations with end-to-end responsibility for commercial performance, operational excellence and capability development. His leadership experience spans multiple consumer categories, including dairy and nutrition, and includes driving market expansion, strengthening execution disciplines and building resilient supply chain platforms. Most recently, he led Royal FrieslandCampina's business in Philippines through its subsidiary, Alaska Milk Corporation.
He previously served as Managing Director of Dutch Lady Milk Industries Berhad in Malaysia and Singapore. Mr. Lim will continue to lead the F&NHB group during the transition period and work closely with Mr. Gupta to ensure a smooth and orderly handover of responsibilities.
