Mr. Richard Lai Tak Loi is a seasoned corporate professional with strong entrepreneurial skills and a proven track record in developing strategy, driving business transformation, and establishing and growing the financial value of businesses. He has served as a key advisor on various governance committees.
Mr. Lai was appointed to the Board of DKSH Holdings (Malaysia) Berhad on November 4, 2022, as an Independent Non-Executive Director and Chairman of the Audit Committee. He is also a member of ICDM.
Mr. Lai has more than 30 years of working experience in various industries, including distribution, logistics, transportation, real estate, and financial services. He has held various positions, such as CEO and Group CFO of SGX-listed entities. He was most recently the Group CFO at IMC Pan Asia Alliance Pte Ltd (now known as Tsao Pau Chee), a position he relinquished since June 2023. Prior to this, Mr. Lai was the Group CFO of Singapore Post Limited (“SingPost”) where he successfully extracted the Group from its loss-making US businesses and pivoted it towards its new growth in Australia. He joined SingPost from GuocoLand Limited, part of the Hong Leong Group Malaysia, where he served for almost four years as its Group CFO.
Mr. Lai also served as CFO and Deputy CEO and was subsequently appointed CEO of Mapletree Logistics Trust Management before leaving to start his own real estate capital management firm, LABRO Capital. Mr Lai was previously a banker in various capacities with various banks and financial institutions, including Alliance Merchant Bank, Standard Chartered Bank, Schroders, and Arab-Malaysian Merchant Bank (now known as AmInvestment Bank Berhad).
He graduated with a Bachelor of Arts in Economics, majoring in Accounting and Finance, from the University of Manchester, United Kingdom. Mr Lai is a member of Malaysian Mensa Society.
