Singapore’s largest concrete producer, Pan-United Corporation Ltd, has appointed Ken Loh as CEO and May Ng as executive chairman of the board, with effect from 15 July 2024. Both have relinquished their positions as COO and CEO of the company respectively.
In addition, Chan Wan Hong has joined the board as an independent director, bringing more than 25 years of legal expertise with him. Concurrently, Fong Yue Kwong has been redesignated from independent director to lead independent director.
Ms Ng was CEO of Pan-United since March 2011, leading the company’s transformation into a global leader in low-carbon concrete technologies. In her new role, she succeeds Tay Siew Choon, who retired as a director of Pan-United.
On the appointment of Mr Loh as CEO, Ms Ng said, “Ken has been instrumental in our transformation from a brick-and-mortar concrete company to a global leader in low-carbon concrete technologies. We have worked very closely over the years and I look forward to continuing working with him to innovate and decarbonise our world with concrete, to ensure a safer world for future generations.”
Mr Loh first joined Pan-United as general manager in 1999, with the mandate to spearhead the growth of the company’s then-new ready-mix concrete business. Under his leadership, Pan-United is now the largest concrete producer in Singapore, with an established regional presence in Malaysia and Vietnam.
Mr Chan, who joins as independent director, is a senior director at FC Legal Asia LLC. He is also an independent non-executive director of Centurion Corporation Limited, and an independent non-executive director of Multi-Chem Limited. A practicing lawyer, Mr Chan has extensive experience in capital market transactions, and advises SGX-listed companies on their corporate actions and ongoing compliance requirements.
Mr Fong, who assumes his new role as lead independent director, has been on the board of Pan-United since March 2020. He has more than 40 years of experience in the port, marine supply base and logistics industries in Singapore and Asia.