The chief executive of one of Singapore's biggest listed firms has been awarded the top honors at CNBC's Asia Business Leaders Awards.
Tan Pheng Hock, president and CEO of Singapore Technologies (ST) Engineering, was named the region's Business Leader of the Year for 2013 in an awards ceremony in Bangkok on Thursday.
The 55-year-old is a veteran in the engineering space, holding various senior management roles within the group since he began his career with ST Marine in 1981, and became CEO in February 2002.
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Tan is widely recognized for his efforts to put the integrated engineering group – which dabbles in the aerospace, electronics and marine sectors – on the global map. With a market capitalization of nearly $10 billion, the company ranks among the largest-listed firms on the Singapore Exchange.
The 12th Asia Business Leaders Awards event was held at the Conrad Hotel and included more than 250 CEOs and top executives from around the region.
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