Fraser and Neave (SGX:F99) appointed Rahul John Colaco as the next chief executive officer, effective Oct. 10, according to a Wednesday filing with the Singapore Exchange.
Shares of the Singaporean conglomerate were down nearly 1% in Thursday trading.
Colaco succeeds Hui Choon Kit, who has decided to retire.
Most recently, Colaco was the "chief of spirits" at Thai Beverage (SGX:Y92).
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