Mr. Yet Kum Meng is an esteemed leader with over two decades of corporate and business management expertise. With a distinguished career trajectory spanning the real estate and airline sectors, Mr. Yet brings a wealth of experience and strategic insights to his role at OUE Healthcare Limited (OUE Healthcare), where he currently serves as the Chief Executive Officer (CEO). His tenure at OUE Healthcare exemplifies transformative leadership, marked by a strategic objective to build a sustainable regional healthcare ecosystem.
Achieving great heights in Aviation
Mr. Yet began his career in the airline industry with Singapore Airlines (SIA), where he held various management roles including serving as the Staff Assistant to the SIA Group Chairman and Deputy Chairman/Chief Executive Office. His tenure at SIA has honed his leadership skills in finance, treasury, sales, marketing, and strategic management, as well as providing him with a solid foundation in understanding operational intricacies and customer dynamics.
Solidifying management expertise in Real Estate
Transitioning to the real estate sector, Mr. Yet held prominent roles in both Guocoland Limited and Lippo Group. He has served as the Chief Executive Officer/President of the China Real Estate Division in Lippo Group, and as a Board Member of the China project companies until 2015. He also served on the Board of Directors of Lippo Group's retail businesses in China since 2010. Prior to Lippo Group, Mr. Yet was the Group Financial Controller of China in Guocoland Limited, overseeing finance, accounting, taxation, business development, human resources, and legal matters.
Pioneering healthcare initiatives
Mr. Yet has played a pivotal role in reshaping OUE Healthcare since assuming his position as CEO in 2019. Focusing on resolving legacy issues, restructuring the capital structure, and formulating growth strategies across Asia, Mr. Yet has been instrumental in driving OUEH's transformation into a leading healthcare player in the region.
Leveraging on his expansive corporate and business management expertise from both the airline and real estate industries, Mr. Yet has successfully established strategic partnerships, spearheaded efforts to streamline operations and optimise resources, as well as capitalised on M&A opportunities in OUE Healthcare.
Key achievements in OUE Healthcare
Under Mr. Yet's strategic leadership, OUE Healthcare has achieved notable milestones, including:
- Facilitating ITOCHU Corporation's strategic investment in OUE Healthcare in 2017
- Spearheading a strategic partnership with China Merchants Group and established a joint venture company with China Merchants Group in 2018
- Forming a joint venture partnership with First Myanmar Investments to operate and manage "Pun Hlaing Hospitals", one of the largest healthcare groups in Myanmar.
- Establishing the "O2 Healthcare Group" with 11 renowned lung specialists in Singapore, aimed at becoming Asia’s premier centre for respiratory health.
- Expanding OUE Healthcare’s footprint into four fast-growing Asian markets within a five-year timeframe.
- Enhancing OUE Healthcare’s healthcare operations to encompass a comprehensive suite of healthcare services, further solidifying its market presence.
Education qualifications
Mr. Yet holds a Bachelor of Accountancy (First Class Honours) degree and a Master of Business Administration (Hospitality and Tourism Management) degree from Nanyang Technological University, Singapore