F&N names new CEO

Fraser and Neave (F&N) has appointed Rahul Colaco as its new chief executive officer, effective 1 October 2025. He takes over from Hui Choon Kit, who will retire and step down as CEO on 30 September after 25 years with the group.

Hui will remain with F&N until 31 January 2026 to ensure a smooth transition, the company said in a statement. 

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Colaco brings nearly three decades of experience in the consumer goods industry, spanning leadership roles across both developed and emerging markets.

Since 2024, he has served as chief of spirits, international at Thai Beverage Public Company (ThaiBev), and from 2020 to 2024, he was CEO of Grand Royal Group in Myanmar. He also spent several years with FrieslandCampina in China, Nigeria, and Malaysia, as well as more than a decade at Unilever in the Netherlands, Italy, and India.

Koh Poh Tiong, chairman of F&N, described Colaco as a “seasoned leader with a strong track record in building brands, driving growth, and delivering results across diverse markets.” He added that the board is confident Colaco will guide the group into its next phase of growth while navigating a dynamic operating landscape.

In accepting the role, Colaco said: “It is an honour to be entrusted with the leadership of F&N, a company with such a rich heritage and strong portfolio of brands. I look forward to working closely with the Board, leadership team, and colleagues across the Group to build on our achievements and drive further growth and innovation.”

The board also paid tribute to Hui’s long-standing contributions. Koh highlighted Hui’s dedication over the past 25 years, noting his role in steering F&N through a rapidly evolving business environment.

Reflecting on his tenure, Hui said: “It has been a privilege to lead F&N and to work alongside such a talented and dedicated team. Together, we have navigated challenges and seized opportunities to strengthen the Group."

"I am proud of what we have accomplished, and I am confident that under Rahul’s leadership, the Group will continue to achieve even greater success," he added.

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