CEO of Paramount Corporation Bhd, Chan Say Yeong, has resigned, citing “pursuit of other interests” as the reason for his resignation. Teo Chiang Quan, the company’s Executive Chairman, will occupy the post of group CEO till a new CEO is found.
Yeong assumed his position as CEO by succeeding Ong Keng Siew in 2012. He has several years of experience in the banking industry in DBS Finance, Dai-Ichi Kangyo Bank, Chinatrust Commercial Bank, and Citibank Berhad. Prior to joining Paramount, he was MD of CapitaLand Financial Limited in the Malaysia division, where he completed several investments and acquisitions for the group. Yeong helped establish Quill Capita Trust, a real estate investment trust, in 2006. From 2006 to 2012, he was Executive Director of Quill Capita Management Sdn Bhd. In addition to his bachelor’s degree in Accountancy from the National University of Singapore, Yeong completed an Executive Development Program at the Wharton Business School.
