BUD APAC(01876): Cheng Yanjun will take over from Yang Ke as the chief executive officer and co-chairman.

BUD APAC (01876) announced that the Board has appointed Mr. Paul Cheng as the new Chief Executive Officer and Co-Chairman of BUD APAC, replacing Mr. Yang Ke, who has served in the company for 29 years. The appointment will be effective from April 1, 2025. Mr. Yang Ke will step down after 7 years as CEO and Co-Chairman of BUD APAC and will leave the company after 23 years at AB InBev. We wish him the best in his future endeavors.