TYCOON Tan Sri Vincent Tan, who surprised corporate Malaysia with the appointment of Abdul Jalil Abdul Rasheed as the new chief executive officer of Berjaya Corp Bhd (BCorp), says this will be the first step of him taking a backseat. He says it is his wish that none of his children would be involved in the listed businesses and to let professional managers run it. Vincent Tan“The Better Malaysia Foundation (formerly known as the Vincent Tan Foundation) has, in the last two years, assembled a “brain trust” of the like-minded professionals to formulate solutions to address the affordability gap faced by the B40 and B50 families. Family involvementIt is my wish that no children are involved in the listed businesses, let professional managers run it. Should any of them still wish to be involved in management in the listed group, this must have the concurrence of Jalil and the board of the listed company.

Source: The Star March 26, 2021 17:25 UTC