F&N names new directors including former top executive Koh Poh Tiong

Fraser and Neave's (F&N) new Thai owners are bringing in a mix of Thai directors as well as a company veteran to steer the firm forward.

F&N on Wednesday announced that Mr Koh Poh Tiong will become a non-executive and non-independent director and chairman of its food & beverage board committee.

Mr Koh was also named as adviser to the F&N board, where he will advise the firm on its strategy and direction.

Mr Koh was formerly with F&N as the chief executive of the food and beverage division, from October 2008 to September 2011. Before that he was CEO of F&N's former beer unit Asia Pacific Breweries from 1993 to 2008.

Thai billionaire Charoen Sirivadhanabhakdi controls F&N. His parties TCC Assets and Thai Beverage together hold more than 90 per cent of F&N after a successful takeover exercise by TCC Assets that stretched back to last September.

On Wednesday F&N also named two Thais as directors, including Mr Weerawong Chittmittrapap who will be an independent and non-executive director.

Mr Panote Sirivadhanabhakdi will be a non-independent and non-executive director. Mr Panote also sits on the board of Thai Beverage, Mr Charoen's Singapore-listed beverage and alcohol company.