This was announced yesterday morning by the company, during an hour-long trading halt on the Singapore Exchange.
Ms Saw, 57, will take over the reins from Mr Yao Che Wan, 65, who will retire from his current role as group managing director and executive director.
Auric, a diversified unit of Indonesian conglomerate Lippo Group, has a varied portfolio in food manufacturing, distribution and retail. It produces Sunshine bread and also owns the Delifrance Asia café chain.
According to a report in The Straits Times, Auric's share prices saw a dip following the announcement of Ms Saw's appointment.
ORIGINAL SOURCE
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