KUALA LUMPUR: S P Setia Bhd has appointed Datuk Choong Kai Wai as its new president and chief executive officer effective from today.
Choong has over 30 years of experience in the property and construction industry, including domestic and international markets.
He set up Setia Australia in Melbourne in 2010. He had since established Setia as a strong brand name in Australia's property market, leading Setia to be a trusted property developer in the country and APAC region.
S P Setia chairman Tan Sri Datuk Seri Syed Anwar Jamalullail said Choong, in assuming his role today, will be able to provide strategic guidance to the board management and indeed the entire Setia Group.
"Choong has fresh innovative ideas and led in the transformation for Setia to stay relevant in this digital age," said Syed Anwar.
Also assuming his role today is Datuk Seri Koe Peng Kang as S P Setia's new chief operating officer (COO).
Koe is a solid operational and business development leader, having held various positions throughout the company and is a highly respected figure in Malaysia's property industry.
Koe has over 30 y
ears of experience in engineering, construction and property development with a strong management background.
He has been with S P Setia since 1997 and has been directly involved in landmark developments, specifically the company's Eco Series.
"Likewise for Koe who has been in S P Setia since 1997 and directly involved in the successful development of the Eco Series for the S P Setia Group and the combination of both (Choong and Koe) will present the company with the right opportunity to bring Setia to greater heights," said Syed Anwar.
