March
4, 2008
Far East's Leong Horn Kee calling it a day after 15 yrs
PROPERTY giant Far East Organization announced yesterday that executive
director Leong Horn Kee would be leaving the company on June 30 after
more than 15 years of service.
Mr Leong: 'I have some private business ventures in mind.'
Mr Leong, who served as Member of Parliament for 32 years until he
retired in 2006, said that he was venturing out to work on his own
'projects'.
'I'm 56
years old now and I've had a good run in government service, GLCs,
the financial sector and the private sector. It's time to move on
and I have some private business ventures in mind. Far East is in
great shape and will continue to do well.'
A Colombo
Plan scholar, Mr Leong started out in the Administrative Service at
the Ministry of Trade in 1977. In 1984, he joined NatSteel, where
he remained until 1989. Following that, he joined investment banking
group NM Rothschild & Sons (S) Ltd for four years before moving
on to Far East.
He was
managing director of its Orchard Parade Holdings Ltd from 1993 to
2000, and managing director and CEO of Yeo Hiap Seng from mid-1999
to 2002. In recent years, he handled many of the group's investment
ventures and oversaw its internal audit operations.
'He has
been instrumental in completing our Novena Medical Centre agreement
with Tan Tock Seng Hospital, and has assisted several departments
in resolving various problems encountered with external agencies,'
Far East said in a statement yesterday.
Mr Leong,
who has four children, is Singapore's Non-Resident Ambassador to Mexico.
He became a member of the Securities Industry Council in January.
(Source:
The Business Times)