How has being a third-generation leader shaped your understanding of risk?
I've come to understand that risk management goes far beyond financial prudence. Our horizon is very long-term. In addition to meeting this quarter's earnings and next year's budget, we must protect a legacy cultivated over decades and advance the business for future generations.
One of the risks I've taken was refurbishing our flagship hotel, Amara Singapore. I wanted to breathe new life into this 38-year-old property, preserving its deep roots in Tanjong Pagar while incorporating the energy of the Chinatown heritage and modern business district.
Partnering with Studio HBA, we replaced traditional check-in desks with a Lobby Bar that transforms from a coffee hub by day to a champagne lounge by night. This vibrant space is now a lively nucleus that blends seamlessly with the neighbourhood's beat.
How do you navigate personal relationships with professional responsibilities?
In a family business, business talk often takes place outside the formal office setting. My father and I have open conversations in boardrooms and over family popiah lunches. These informal moments frequently spark our best ideas, as family dynamics allow for more candid, thoughtful exchanges. Each family thoughtful exchanges. Each family member brings a unique perspective and domain expertise to the table. What's most important is viewing the family legacy as roles and focuses on the bigger picture.
How do you balance preserving legacy with bold, transformative decisions?
It entails honouring the wisdom of previous generations while not allowing it to hold us back. Bold moves whether in business strategies, investments, or asset enhancements must align with the company's narrative and vision.
Denne historien er fra January 2025-utgaven av The PEAK Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra January 2025-utgaven av The PEAK Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
SECRET FUN
Behind imposing angular structures lies a portal to the family's very own clubhouse, complete with a pool and basketball court.
RATTAN REIMAGINED
From chance discovery to mastery, Ng Si Ying’s journey into rattan weaving bridges tradition and modernity with every piece she creates.
AN APPETITE FOR ADVENTURE
Forget the pampering body wraps and hot stone massages. Andrew Leci discovers that adventure is the best path to a spiritual awakening.
PARADISE, PRESERVED
Luxury and purpose are embraced at this idyllic retreat tucked away in Indonesia’s Anambas Archipelago.
GRAPES OF CHANGE
The time is ripe to explore the burgeoning potential of Asia's wine regions, where innovative winemakers are cultivating distinct flavours and putting their mark on the global wine scene.
VESSELS OF THE HEART
Daisuke Shibuya, head sommelier at one-Michelin-starred Terra, shares his penchant for collecting cups and glasses, and how his eclectic collection mirrors his approach to wine.
ONE OF ONE
At the by-appointment-only Rolls-Royce Private Office Seoul, where clients can commission bespoke, one-of-a-kind Rolls-Royce creations, nothing is too complex or unattainable.
WATCH HIS WORLD
Radiologist and self-professed watch addict Dominic Liew, who began collecting at 15, shares what makes him tick.
PERFECTION PERSONIFIED
Swiss master artisan Agnes Paul-Depasse, who makes straw, feather, and silk thread marquetry dials for Hermes, reveals eight fascinating truths about such rare historical crafts.
FACES OF CHANGE
These days, it's not unusual for watch brands to have exclusive boutiques.
