Forbes names Boh’s Caroline Russell in power list


Boh is a family-owned business producing about 70% of Malaysia’s tea. Caroline Russell, who took over as executive chairman in 2019, is on Forbes’ 2020 Asia’s Power Businesswomen list. – Annice Lyn pic, September 15, 2020.

CAROLINE Russell, the third generation to lead Malaysia’s largest tea producer by output, Boh Plantations Sdn Bhd, has made into Forbes’ 2020 Asia’s Power Businesswomen list.

The list spotlights 25 outstanding female leaders in the Asia-Pacific region.

The family-owned business has four plantations spread over 1,200ha that annually produce about 4.5 million kilogrammes of tea – about 70% of Malaysia’s tea output.

Taking the helm as chief executive officer in 2003, Russell has expanded Boh’s range of teas and international sales and was named executive chairman after her father retired last year.

Boh Plantations was founded by her grandfather in 1929.

“As the world battles with uncertainties brought about by the pandemic, it is more important than ever that Forbes Asia highlights these businesswomen who are rising to the occasion and excelling during these challenging times,” Rana Wehbe Watson, editor of the 2020 Asia’s Power Businesswomen list, said in a statement issued in Singapore today.

Watson said this year’s list recognised 25 women at the helm of companies and institutions across a wide range of industries such as biotech, education, logistics, and law.

“Their track record of success and resilient leadership set inspiring examples for others to follow,” she said.

Among those who made the list is HCL Technologies’ Roshni Nadar Malhotra, the first woman to chair a listed tech firm in India and one of a handful of female chairpersons in the male-dominated global tech industry.

The full list can be found at www.forbes.com/asia-power-businesswomen and in the September issue of Forbes Asia, which Nadar Malhotra is also featured on the cover of.

The youngest to make this year’s list is 29-year-old Lucy Yueting Liu of Hong Kong’s Airwallex, an alum of the 2017 Forbes 30 Under 30 Asia list. – Bernama, September 15, 2020.


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