David Tang Kai Kong, the CEO of Metro Holdings M01 ’ retail arm and principal subsidiary, Metro (Private) Limited, has resigned to pursue other interests.
Tang’s last day is on Feb 14, 2024. He was appointed to the post on Sept 10, 2012.
While there was no direct replacement announced, Metro has appointed Erwin Wuysang-Oei, its head marketing and merchandising controller and e-commerce, as its chief operating officer (COO).
Wuysang-Oei will oversee the management and performance of the retail division.
“Mr Tang has been instrumental in guiding Metro through the challenging retail environment over his 11 years with the company and we wish him the very best in his future endeavours,” says Wong Sioe Hong, executive chairman of Metro (Private) Limited.
She adds: “Mr Oei has more than 15 years of retail experience and has been with Metro for more than a decade. I am confident that he and his team will continue to drive our retail division.”
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Shares in Metro closed flat at 53 cents on Nov 15.