KUALA LUMPUR (Feb 14): Hong Seng Consolidated Bhd has appointed Lester Chin as its new executive director, effective today.

In a statement, Hong Seng executive chairman Datuk Teoh Hai Hin said the appointment is expected to bring the group to greater heights especially in the areas of finance and corporate affairs, given Chin's experience.

Hong Seng said Chin left UOB Kay Hian in October 2020 as the associate director of equity capital markets, a position he held since 2017 whereby he was responsible to oversee duties such as equity underwriting and placement activities of companies as well as proposing solutions for the capital raising needs of corporate clientele.

It said he first joined UOB Kay Hian as head of retail research cum senior analyst in 2013, where he was tasked to conduct detailed equity research, analyse and forecast industry trends, and articulate recommendations on sectors and stocks in designated segments.

Prior to that, Chin was an equity and technical research analyst at RHB Research Institute in 2011, where he dealt with institutional and retail clients while covering rubber glove and healthcare companies in his technical analysis.

He began his career as a management associate at RHB where he was promoted as an assistant manager within two years.

Chin holds a Bachelor of Science in Business from Southern New Hampshire University.