Asian supermarket giant Dairy Farm appoints new group FD

Chartered accountant Alec Tong is the new group finance director of Dairy
Farm International Holdings.

Tong joins the pan-Asian retailer from its parent company Jardine Matheson,
where he serves as treasurer. He takes his new role from 1 September.

He has served the group in a number of senior finance roles for the past 17

Howard Mowlem retires from the position.

“Howard has played a significant role in restructuring and refocusing Dairy
Farm during his ten years with the group, enabling us to become a leading food
retailer in Asia,” said Dairy Farm chief executive Michael Kok.

The business employs 76,000 people in the region, with total annual sales
exceeding $8bn.

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