Hong Leong Asia Ltd. announced that it has appointed Ting Sii Tien @ Yao Sik Tien, Philip as Director and the Chief Executive Officer, effective January 14, 2013. Philip Ting will be overall responsible for the management and direction of the Group's business. Philip was Group Chief Executive Officer ("CEO") of Tasek Corporation Berhad since 28 July 2011.

Prior to his taking on the responsibility as Group CEO of TCB, he was appointed Executive Director from 18 November 2010.