Genting Singapore has announced changes in its senior leadership, appointing long-time company executive Lee Shi Ruh as President and Chief Operating Officer. The move is part of a leadership team refresh amid a challenging market environment.
As part of the reshuffle, Lee, who has served as Chief Financial Officer since 2010 and earlier this year temporarily headed Resorts World Sentosa (RWS), officially assumed her new group-wide role on 1 August and will report directly to Executive Chairman and Acting CEO Tan Sri Lim Kok Thay.
Her responsibilities will include driving strategy execution, improving operational efficiency, and ensuring sustainable growth across Genting’s portfolio of assets. The company highlighted her “proven track record of sound decision-making and strategic discipline” as key qualities for the next stage of the group’s development.
The CFO position will be filled by Ang Suat Ching, who will combine the role with her current position as CFO of RWS. Her remit will cover financial planning, reporting, and treasury operations for the group.
In another leadership change, Nanami Kasasaki has stepped down from her position as Chief Corporate Officer of Genting Singapore and from the board of directors of RWS.
Chairman Lim stated that the leadership reshuffle reflects Genting’s commitment to long-term growth and strengthening its management team: “These appointments reflect our commitment to leadership renewal as the Group enters its next phase of growth. Shi Ruh brings a clear understanding of our long-term priorities. We also welcome Suat Ching to the executive team, whose financial expertise will support our ambitions.”
The changes come as Genting Singapore works to stabilise performance following a weak start to 2025. In the first quarter, revenue fell 20% year-on-year to S$626.2 million ($463 million), with gaming revenue at RWS down 24% and non-gaming revenue down 10%.
The company’s board of directors stated that it will continue to monitor macroeconomic conditions in Asian markets to ensure a transition to a more stable and targeted phase of regional development.
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