Dutch Lady Milk Industries Berhad (Dutch Lady Malaysia) today announces the appointment of Tarang Gupta as its new Managing Director, effective 1 January 2018 and succeeding Saw Chooi Lee who has successfully helmed the company in Malaysia the last three years.
Tarang is currently the Marketing Director of FrieslandCampina Nigeria Plc, a position he has held since July 2014. Prior to this, he was the International Marketing Director – Infant & Toddler Nutrition (ITN) for FrieslandCampina AMEA, Singapore from 2010-2014. Tarang, a graduate of Institute for Technology & Management, Bangalore, India, has 16 years of commercial experience, including his tenure with Sara Lee International, Kuala Lumpur.
Meanwhile, Chooi Lee will remain on the board of Dutch Lady Malaysia serving as a Non Independent Non-Executive Director of the Company with effect from 1 January 2018. Chooi Lee joined the company in March 2003 as Commercial Director for Dutch Lady Malaysia.
She became the General Manager of FrieslandCampina Hong Kong in 2008 and was promoted as Managing Director FrieslandCampina China in 2011. She returned to head the Malaysia and Singapore businesses since 2015.
Under her leadership, Dutch Lady Malaysia continued to enhance its performance exceeding RM1 billion turnover annually despite the challenging market conditions after GST implementation in 2015. Dutch Lady was ranked the top performer of FBM KLCI in 2016 for its outstanding resilience in earnings despite a challenging economic condition. And most recently, Dutch Lady Malaysia received the 2017 Silver Award by The Edge for the highest return on equity over three years.
FrieslandCampina and the Dutch Lady Malaysia board thank Chooi Lee for her great contributions that have led to the success of the company.