KUALA LUMPUR (March 30): IGB Bhd, formerly known as Goldis Bhd, has redesignated its director Datuk Seri Robert Tan Chung Meng as group chief executive officer with immediate effect following the dissolution today of an executive committee established in December 2016.

There were no changes to the composition of the board of directors and other board committees of IGB.

A Bursa Malaysia filing indicated that 65-year-old Robert Tan, who holds a 0.22% direct stake and 29% indirect interest in the group, was appointed to the IGB board on Dec 8, 2014.

He is the brother of IGB major shareholders Pauline Tan Suat Ming and Tony Tan @ Choon Keat, and the cousin of directors and shareholders Tan Lei Cheng and Tan Boon Lee. In addition, he is the uncle to IGB directors Daniel Yong Chen-I and Tan Mei Sian.

Goldis, which acquired IGB Corp Bhd and privatized it earlier this year, subsequently renamed itself IGB on the stock exchange.

Meanwhile, IGB said Robert Tan has vast experience in property development, hotel construction, retail design and development, and corporate management, with more than 30 years’ experience in the property and hotel industries.

His stint in the property industry began with the delisted IGB Corp in 1995 when he was the joint managing director; he was subsequently appointed group managing director in 2001.