The hotel operator said Chan had also informed the board that he would be resigning from the board the same day.

“The board would like to record its thanks and appreciation to Chan for his valued contribution to the group and wishes him all the best for the future,” it said in a filing with Bursa Malaysia today.

Shangri-La said it is in the process of putting in place an effective and orderly leadership succession plan.

Chan joined the Shangri-La Hotels board on May 18, 2022, as a non-independent non-executive director and was redesignated as managing director on June 30, 2022.