“The group has grown rapidly over the years. After a decade of reshaping our portfolio and building competitive business platforms, we are entering the next phase of our journey. We will continue to focus on delivering long-term sustainable value creation and returns for the business. The organisational structure of the group needs to support the delivery of our strategy and goals,” says Panote Sirivadhanabhakdi group CEO of FPL.
Frasers Property Limited (FPL) has announced several key leadership changes aimed at simplifying the organisational structure to build a “more resilient and future-ready” group. The changes will be effective on Feb 1.
The news comes after FPL issued a statement on Jan 12 to deny any rumours that the company’s majority owners could sell the company or some of its assets as part of a strategic review.
