Lim Hock Chee, Sheng Siong Supermarket CEO, with the coveted award at the Ritz-Charlton Millenia on Thursday. He instils in his employees that the real "boss" is the customer.Lawrence Wong, Minister for National Development and Second Minister for Finance with SBA winners Jenny Lee, managing partner, Shanghai GGV Capital; Sheng Siong CEO Lim Hock Chee; Samuel Tsien, OCBC Bank's CEO; and Kong Chee Min, CEO of Centurion Corporation.
Besides the Businessman of the Year award, the other awards in the SBA roll of honour include the Outstanding Chief Executive of the Year, Outstanding Overseas Executive of the Year and The Enterprise Award.
GGV manages some US$6.2 billion in capital across its 13 funds. It focuses on US and China tech companies, with seed to growth investments in areas including new retail, enterprise and frontier tech. It has backed 52 unicorns, which are startups exceeding US$1 billion in valuation. The guest of honour said:"All of you as corporate leaders will know and appreciate the enormity of this challenge. Very often the more successful you are in an organisation, the higher you are at the top, the harder it is to keep climbing upwards. You know that the competition out there is intense - it's about survival of the fittest.
The four awards were decided by a panel of judges drawn from the business sector, official agencies and academia.
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