Tsao Pao Chee

OUR STORY, EVOLVING TO SERVE EACH ERA

Foreign Trade During the Qing Dynasty

The Tsao family business started with Tsao Wa-Chang, who founded a passenger-cargo transport and warehousing business along the Yangtze River to serve the needs of foreign trade in China. He operated his business under the trade name Tsao Pao Chee, with prudence and integrity that opened opportunities and resources to grow.

Industrialisation of Northeast Asia

George Tsao Ying-Yung, the second generation, built on the family business and expanded it into an integrated transportation and logistics business, including financial and import-export trading services. Under his stewardship, the business flourished by serving the industrialisation of Northeast Asia.

Venturing Beyond China

The third generation of the Tsao family, Frank Tsao Wen-King, relocated their family business to Hong Kong, China, after the conclusion of World War II. He established International Maritime Carriers (IMC) to provide ocean-going shipping services to serve the needs of Asia’s industrialisation. Frank Tsao played a crucial role in developing the Asian maritime industry. He received many accolades for his contributions to its growth and development.

Trade Globalisation and the Well-Being and Happiness Era

In 1995, Chavalit Frederick Tsao assumed the role of the fourth-generation steward of the family business. With trade globalisation taking centre stage, he believes success is co-created for mutual flourishing and evolution. Chavalit formed IMC Pan Asia Alliance (IMCPAA), which made strategic alliances for collaboration and built a multinational business. In 2024, Chavalit decided to bring back the family business’ original trade name, Tsao Pao Chee with the brand TPC, as that has always been its true brand, where its roots and culture, morality and ethical traditions have sustained the business for generations.

Staying true to its commitment to continuously evolve to serve the era, TPC (Tsao Pao Chee) is transforming into a well-being business, to serve the next era.

Since the late 1800s, during the Qing Dynasty
We have been evolving to serve the eras
Where our roots and culture, morality and ethical
traditions have sustained our business for generations
We believe that success is co-created through
partnerships & collaboration for mutual flourishing and evolution
TPC is evolving to be a well-being
ecosystem to serve the Well-being Era

OUR LEADERSHIP

A world-class team with diverse skills drives TPC’s businesses forward through initiatives that serve the era. Meet our management team. Loh Niap Juan

Mr. Loh Niap Juan, Group Chief Corporate Officer

As Group Chief Corporate Officer, Loh Niap Juan (Niap) is responsible for developing and executing Tsao Pao Chee’s (TPC) corporate, business, investment and organisational strategies, and steering the evolution of its business model to serve the rise of the well-being economy.

Since joining TPC in 2019, Niap has accelerated its transformation by adding value to and positively impacting the Group’s businesses and investment portfolios. He has also played a pivotal role in enhancing TPC’s governance and performance frameworks, and building its organisational culture.

Niap has over 20 years of experience as a finance and investment professional, including more than a decade as a C-suite executive in government-linked companies, privately-owned family businesses and multinational companies.

Prior to joining TPC, Niap was Executive Vice President and Head of Finance at Fullerton Financial Holdings, a wholly-owned subsidiary of Temasek. He started his career at Deloitte & Touche in the Audit department in London.

Niap serves on numerous boards across TPC’s portfolio companies, including several publicly listed entities. He graduated with a First Class honours degree in Accountancy from the Nanyang Technological University of Singapore, and is a qualified Chartered Accountant with the Institute of Chartered Accountants of England and Wales (ICAEW).

Mr. Yuelin T Yang, Chief Stewardship and Well-being Governance Officer

As the Chief Stewardship and Well-being Governance Officer of Tsao Pao Chee (TPC), Yuelin Yang’s role integrates his over 35 years of experience in C-Suite operational and P&L roles, legal, finance, corporate development, managing joint ventures with NYSE and TSE listed partners, corporate governance, family businesses, and family offices. Concurrently, Yuelin is Deputy Group Managing Director of IMC Industrial Group and Group Managing Director of Unithai.

Yuelin is Senior Advisor to Pacific Pension & Investment Institute (PPI), whose membership of senior investment professionals represents 17 countries, some of the largest asset owners (public pensions and sovereign wealth funds) and asset managers worldwide, and collectively more than 25 trillion USD in assets. He also serves on the standing Program Commitee of PPI, which advises the PPI board and management team. Most recently, he was elected to the board of The 1990 Institute, a leading US-China think tank.

He is active in the area of governance in Asia through his involvement on the Council at Asia Corporate Governance Association (ACGA) in Hong Kong (whose investor members manage over $40 trillion), serving on the Advisory Council at NUS Business School’s Centre of Governance and Sustainability, and as an independent director at Verlinvest Asia (family investment firm for one of the AB InBev families). He previously served on the Global Family Advisory Council of Family Office Exchange and has spoken worldwide on family business, family offices, and their governance.

Yuelin also has extensive knowledge of institutional investors and family offices through his active involvement with Verlinvest Asia, and previously at Family Business Network and Family Office Exchange.

Yuelin first joined TPC in 1995 and has held various senior appointments. Prior to joining TPC, Yuelin was a member of the Office of Chairman Stan Shih and Associate General Counsel at Acer Computers in San Jose, California, and Taipei, Taiwan. He started his career practicing law in Silicon Valley at the Cooley Godward and Brobeck Phleger law firms.

Yuelin received a Bachelor of Science in Industrial Engineering from Stanford University and a JD from Stanford Law School.

Mrs. Sherin Goh, Chief, People & Organisation

As Chief People & Organisation, Sherin Goh is responsible for driving the organisation’s Management Model in alignment with the Well-being Mandate. This includes designing, developing and implementing policies, projects, programmes and initiatives to transform culture and develop stewards within the organisation. At the same time, she works closely with all business leaders to ensure HR-related governance. In her secondary role as Senior Consultant and Coach, she works closely with the OCTAVE Institute business arm to serve the Organisational Development needs for TPC.

Prior to joining TPC, Sherin was the Regional HR Director for Asia at International SOS, where she owned and drove all HR programmes, processes and requirements for the region. She was also a member of the Asia Region Executive Committee. Under her leadership, the Asia-region HR teams won 10 external HR Awards and was also lauded for instituting best practices in talent management within the organisation.

Sherin has been with TPC since 2004. During this time, she held both human resource management and development roles, and was responsible for driving HR programmes aimed at attracting, engaging, developing and retaining talents to enable the delivery of business strategy and growth.

Sherin graduated with an honours degree in Law from the National University of Singapore and started her career as a practising lawyer before joining the Ministry of Foreign Affairs, Singapore as a Foreign Service Officer. She holds a Masters in Consulting and Coaching for Change from INSEAD, a post-graduate diploma in HRM from SIM, and is also certified to administer and provide feedback on MBTI, Firo-B, DISC, Emergenetics, Bar-on EQ-I and WAVE.

Mr. James Ong, Chief Strategy Officer

As Chief Strategy Officer of Tsao Pao Chee (TPC), James oversees strategy, M&A, and investments for the Group. His responsibilities include managing TPC’s real estate portfolio, which spans industrial, commercial, and hospitality assets in Asia; leading IMC Ventures, the corporate venture arm of IMC Industrial Group; and spearheading the OCTAVE Well-being Economy Fund, OCTAVE Group’s impact-focused investment arm.

Additionally, James leads the Branding and Communications teams to shape and share the organisation’s story of innovation and sustainability in the well-being era.

Prior to joining TPC, James was with YCH Group, where he helmed YCH’s joint ventures and M&As across the group. He also managed its 15 logistic assets across 7 countries. James was furthermore the Founding Partner of Supply Chain Angels, YCH’s Corporate Venture Capital vehicle which partners with SG Innovate and National Research Foundation.

James has over 23 years of experience across various fields, including private banking, private equity, and investment banking in institutions like DBS Bank, OCBC Bank, Oppenheimer Investments, and Infrastructure Leasing & Financial Services.

While at Oppenheimer Investments, James was the Head of Asia for 5 years and was instrumental in starting and growing the business for the group in Asia. He has successfully closed Project Finance deals in excess of USD500 million across various industries like infrastructure, consumer goods, and real estate. In addition, James also ran a family office which invested in healthcare, consumer goods, aged care, engineering, renewable energy, and childcare.

James graduated with a master’s in Business Administration from The University of Chicago Booth School of Business and holds a Bachelor of Commerce, majoring in Accounting and Corporate Finance, from the University of Western Australia.

James is a Certified Public Accountant (Australia). He also sits on the Board of Management of SPD (formally known as Society for the Physically Disabled) and has served as an independent director of a listed entity.

Mr. Bruno Lorenzon, Head, Group Business Planning & Review

Bruno Lorenzon is the Head of Group Business Planning and Review at Tsao Pao Chee (TPC). Reporting to the Chief Stewardship and Well-being Governance Officer, Bruno is responsible for driving the organisation’s strategic planning, business models and performance evaluations. He also plays a pivotal role in driving growth and innovation for TPC by advising on capital allocation and investment decisions.

Bruno has over two decades of experience in investments, strategy, and finance across diverse industries such as natural resources, funds management, industrial supply chain, real estate, and wellness. He joined TPC in 2008 as a senior investment manager for Heritas Capital Management in Australia, before going on to a number of senior investment and finance roles across the Group, and has worked closely with TPC’s senior leadership since his arrival. He sits on multiple boards across TPC’s portfolio companies, including publicly listed entities.

Prior to TPC, Bruno worked for Vale in Brazil, and subsequently Rio Tinto in Australia. In these roles, he was instrumental in shaping strategy, orchestrating investments, and driving mergers and acquisitions.

A Chartered Financial Analyst (CFA) charterholder, Bruno holds a Bachelor of Science degree in Civil Engineering from the Federal University of Espírito Santo, and a Master of Science degree in Business Administration from the Pontifical Catholic University of Rio de Janeiro.

Dr. Kenneth Tan, Deputy Executive Director, OCTAVE Institute (Singapore)

Dr. Kenneth Tan is Deputy Executive Director of OCTAVE Institute (Singapore), Tsao Pao Chee’s (TPC) global institute of business and organisation transformation. Kenneth oversees the development of end-to-end solutions in the areas of organisational development, talent management, and leadership development. His teams are responsible for delivering the signature Stewardship of Life Journey programmes, Mindful Living Programme and Mindful Emotion Programme, as well as other key developmental resources for employees. Kenneth also leads the digital transformation initiatives at TPC.

Kenneth has over 20 years of experience in consultancy, organisational development, and leadership development roles spanning the people, private, and public sectors. Prior to joining OCTAVE Institute, Kenneth was the founding Dean of the Certis Corporate University for Certis Group, where he was instrumental in designing, launching, and operating the first-of-its-kind Corporate University to providing learning and upskilling programs in over five markets.

From 2013 to 2019, he started a local consultancy, serving as General Manager and Principal Consultant to provide organisational learning and development services for multinational clients and large financial institutions.

Kenneth is a certified Association of Talent Development (ATD) coach and mentor, Gallup certified coach, and an Agile-methodology certified SCRUM Master. He is certified in AI and Business Strategy by MIT, and has trained in Design Thinking at Harvard University. Kenneth is also a senior reviewer for the International Academic Forum (IAFOR) and has published and presented numerous papers on the topics of leadership development and organisational development. He holds a PhD in business management from the Australian National University.

An active civic participant, Kenneth volunteers as a board member and mentor to young adults with Singapore mentoring non-profit agency, MentorsHub. Kenneth is also a strong believer in the power of education and teaches organisational behaviour, design thinking, and innovation as an adjunct faculty member at the Nanyang Business School of Nanyang Technological University, Singapore.

Address: 3 Anson Road #06-01, Springleaf Tower, Singapore 079909

Phone: +65 6336 2233

Address: 4F, Room 401, Block A, No. 492 An Hua Road, Changning District, Shanghai, China 200050

Phone: +86 137 1603 9610

Email: connect@tsaopaochee.com