ILB Group Berhad announced the re-designation of Mr. Tee Tuan Sem from Chief Executive Officer to Executive Vice Chairman. Date of change is 01 January 2023. Mr. Tee Tuan Sem was appointed to the Board on 9 June 1992.

He joined Tet O Chong & Co., an established firm of public accountants, in 1976, and joined ILB Group Berhad (ILB) as Chief Accountant in 1981. He was promoted to the position of Finance Director of ILB in 1998 and subsequently appointed as the Chief Executive Officer in 2001. Age is 70.