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SEM appoints Wong and Tan as co-CEOs, effective Dec 1, 2020

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd (SEM) has today appointed Wong Wai Keong and Tan U-Ming as the co-chief executive officers (CEOs), effective December 1, 2020.

The owner and operator of 7-Eleven stores in Malaysia said Wong will also be appointed as an executive director, effective November 1, 2020.

SEM said Wong and Tan will jointly succeed Colin George Harvey, who will relinquish his post as executive director and CEO, effective December 1, 2020 for health reasons.

Harvey will continue with the company in his new capacity as an advisor and consultant to SEM.

SEM chairman Tan Sri Abdul Hamid Embong said the board was pleased to have Wong and Tan in assuming their new roles as co-CEOs.

"Their combined 15 years of experience with the company will provide the strength and stability needed to weather through the uncertain economic conditions caused by the Covid-19 pandemic.

"We would also like to express our thanks and gratitude to Harvey for his leadership which is evident in the improved results during his tenure as CEO of the company," he said in a statement today.

Wong was appointed as SEM chief financial officer in March of 2018. Prior to joining the company, he was the SyAqua Group Inc group finance director, overseeing the Asian markets and Florida, USA where he was involved in the organisation expansion and was instrumental in transforming the group into an integrated functional business.

He has previously held management roles in Avon Cosmetics, KFCH Marketing, Ayamas Food Corp, Abbott Laboratories, and Wyeth. He was also a lead application consultant with JD Edwards.

Wong is also a member of the Chartered Institute of Management Accountant (CIMA), the Malaysian Institute of Accountants (MIA) and the Chartered Global Management Accountants (CGMA).

Meanwhile, Tan was appointed as a director of 7-Eleven Malaysia Sdn Bhd in 2008, where he was responsible for overseeing the merchandising, supply chain, procurement and marketing functions.

He was appointed to the position of executive director in 2011. Tan U was appointed to SEM board in August 2013. He currently holds directorships in other private companies of various industries.

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