The Mall looks to outsiders for succession
Umpujh offspring too young to take mantle
- Published: 19/01/2012 at 08:28 AM
- Newspaper section: Business
The Umpujh family, which owns The Mall Group, the country's No.2 retail chain, will look to outside professionals to replace its retiring family members.
The move is in contrast with the Chirathivats that control Central Group, which have prepared their younger generations to take on its retail business empire from senior family members.
The Umpujhs do not have a large clan like the Chirathivats, whose members number over 60, and their new generation are too young to take over its 40-billion-baht retail empire.
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About the author
- Writer: Pitsinee Jitpleecheep
- Position: Business Reporter
