George Yeo to join Malaysian conglomerate

Former foreign minister George Yeo will be joining Malaysian investment holding firm Kuok Group after he hands over his grassroots advisory role in Aljunied group representation constituency at the end of this year.

In a media release on his Facebook page on Friday morning, Yeo said that he will be assuming the post of vice-chairman of Kerry Group Limited (Hong Kong), a subsidiary of Kuok Group, which has businesses in shipping, financial services, agriculture, among others. The group is owned by the Kuok family, the richest in Malaysia.

Yeo will start with Kerry Group on 1 January 2012, and will be based partly in Singapore and in Hong Kong.

He said he will still maintain his Visiting Scholar post at the Lee Kuan Yew School of Public Policy in the National University of Singapore.