KUALA LUMPUR: Top Glove Corp Bhd managing director Datuk Lee Kim Meow has been redesignated as non-independent non executive director effective from August 1.

Succeeding Lee is the company executive director Lim Cheong Guan, who will become MD effective from August 1.

In line with the board succession planning, Top Glove chief operating officer Ng Yong Lin will be appointed as executive director effective on the same date.

Lee, aged 63, retires after 25 years of service at Top Glove, 13 of which he served as MD.

He joined Top Glove in 1997 during the company's early years when it was a local business with a global vision.

He was appointed executive director in 2003 and redesignated as the MD in 2009.

Concurrently, he helmed the marketing department, spearheading multiple strategic initiatives that have helped win the loyal support of over 2,000 customers across 195 countries.

According to Top Glove, Lee had an instrumental role in establishing the company as the resounding international success it was today. 

Working hand in glove with Top Glove executive chairman Tan Sri Lim Wee Chai, they set in motion its strong growth trajectory.

"Lee's strategic direction and insightful perspectives have enabled the company to skilfully navigate an ever changing business environment, while steadily expanding its product footprint to virtually every country across the globe. 

"Lee also played an important part in the successful listing of Top Glove on Bursa Malaysia in 2001 and Singapore Exchange in 2016," it said.

Lim said Lee had been an invaluable member of the board and management team, and has played an integral role in driving the company's achievements.

"With deep appreciation and gratitude, we wish him the very best as he embarks on the next chapter of his life and look forward to his positive contributions as non Independent non executive director," he said.

New Straits Times