Groomed for bigger roles
Stephanie Jacob | 12 Apr 2019 00:30
Many family-controlled listed companies have put in place a succession plan where sons or daughters of the founder/controlling shareholder are groomed to assume a leadership position.
Often, it is the eldest who is given this privilege but there are also instances when the younger ones are favoured. Thus, we see cases where younger siblings are appointed to senior positions where they learn the ropes.
In this article, we feature several young executives who have joined their parents in helping run their family-controlled listed companies. They may not be as well-known as their parents but are nevertheless making their mark.
Some of them may one day end up being the CEO while others will continue to play second fiddle to their siblings. But more importantly, they will play a key role in helping run the family business.
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