Management Team
Mr Francis Lee
Executive Director and
Chief Executive Officer
Salim Limanto
Executive Director and
Deputy Chief Executive Officer
Thomas Yeo
Chief Financial Officer
& Joint Company Secretary
Mr Francis Lee
Executive Director and
Chief Executive Officer
Salim Limanto
Executive Director and
Deputy Chief Executive Officer
Thomas Yeo
Chief Financial Officer
& Joint Company Secretary
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Mr Francis Lee was appointed to our Board on 15 July 2019. Mr Lee is responsible for the overall management, strategic planning and development, and the expansion and growth of our Group. Mr Lee has over 30 years of experience and expertise in managing companies in the trading, shipping, investment holding and agriculture sectors.
Mr Lee started his career as an auditor in Coopers & Lybrand Singapore, now known as PricewaterhouseCoopers, from 1991 to 1995. From 1995 to 1997, he was the General Manager of Coopers & Lybrand Hla Tun Consultants in Yangon, Myanmar. From 1997 to 1998, Mr Lee joined Kuok (Singapore) Ltd. as the Assistant General Manager in Myanmar. Subsequently from 1998 to 2000, he was transferred to Pacific Carrier Ltd. a subsidiary of Kuok (Singapore) Ltd., where he acted as Group Financial Controller. From 2001 to 2003, he was appointed as Group Financial Controller of Kuok (Singapore) Ltd. From 2004 to 2019, Mr Lee was appointed the General Manager and Director of the fertiliser department at Agrifert Trading Pte. Ltd.,and Agrifert Holdings Pte. Ltd., both subsidiaries of Kuok (Singapore) Ltd. As part of his various appointments in the Kuok group of companies, Mr Lee also held various senior positions, such as Chairman of Agrifert Vietnam Ltd., a Vietnamese subsidiary of Agrifert Holdings Pte. Ltd. from 2011 to 2019, as General Manager of KSM Strategic Pte. Ltd., a subsidiary in the Kuok group of companies from 2014 to 2015, and as Managing Director in Agri Malar Company Limited (Myanmar) from 2007 to 2019.
Mr Lee previously served as an alternative non- executive director on the board of Singapore-listed Beng Kuang Marine Ltd. from 2013 to 2016.
Mr Lee graduated from Monash University, Melbourne, Australia with a Bachelor of Economics (Honours), majoring in accounting and computer science in 1992. He is a member of the CPA Australia and a member of Singapore Institute of Directors.
Mr Salim Limanto was appointed to our Board and to the role of Chief Operating Officer on 12 December 2018. He assumed the role of Deputy Chief Executive Officer on 12 December 2025, as part of the Group’s leadership renewal and long-term succession planning. Mr Limanto’s responsibilities include assisting in the formulation and execution of corporate strategy, overseeing day-to-day operations, leading key initiatives and representing the Company in engagements with stakeholders. Mr Limanto has over 13 years of management and business development experience in the coal mining, transportation and trading industries, and has been involved in our Group’s business since the inception of PT DPAL and PT DNS.
Mr Limanto started his career in PT Sinar Deli, which was previously one of the domestic coal trading entities of the Deli Coal Group, where he was Head of Sales and Shipping from June 2006 to June 2018. He is the Director of our subsidiaries, PT DPAL and PT DNS since February 2013 and October 2013, respectively.
Mr Limanto obtained a Bachelor of Economics, majoring in Accountancy, from Universitas Tarumanagara, Jakarta, Indonesia in 2006.
Mr Yeo Tze Khern Thomas
Chief Financial Officer & Joint Company Secretary
Mr Yeo Tze Khern Thomas is the Chief Financial Officer of the Group and is responsible for overseeing the Group’s accounting and financial functions, including treasury, financial reporting, credit management, tax, risk management, and internal controls. He also oversees corporate finance matters, including mergers and acquisitions, capital structuring, corporate restructuring, and financial risk management.
Mr Yeo has over 26 years of professional and commercial experience in finance, accounting, auditing, risk management, initial public offerings, corporate restructuring, and mergers and acquisitions. He began his career at Ernst & Young, working in the Singapore and Beijing offices from 1999 to 2005, and subsequently held senior roles with other internationally affiliated audit firms until 2009. He later held senior finance roles in private and publicly listed companies, including the role of Chief Financial Officer of a Main Board-listed company on the Singapore Exchange from 2009 to 2018.
He joined the Group in 2018 as Group Chief Financial Officer and was appointed Commissioner of the Group’s subsidiaries, PT Deli Niaga Sejahtera and PT Deli Pratama Angkutan Laut. Mr Yeo is also the Joint Company Secretary, responsible for the Group’s corporate secretarial matters.
Mr Yeo holds a Master of Practising Accounting degree from Monash University, Australia. He is a Chartered Accountant and a member of the Institute of Singapore Chartered Accountants, and a Fellow of CPA Australia.