AusLeisure

Genting Singapore has named Lee Shi Ruh as the new President of Resorts World Sentosa (RWS).

Lee will report directly to Resorts World Sentosa’s Chairman and Chief Executive Tan Hee Teck, whom she will help with the daily operations of the resort’s business, as well as its financial affairs and developing Resorts World Sentosa’s strategy.

Lee has nearly 30 years of professional and operational experience in the leisure and gaming industry, including more than 10 years’ experience as the Chief Financial Officer of Genting Singapore.

Most recently, Lee served as the Chief People Officer for Resorts World Sentosa.

Commenting on her achievements, Tan advised “she has been a bedrock of our top management team in the last decade and is respected by our entire RWS community.

“She will provide strong leadership to the entire team and assist in building the strategic capabilities of the company.”

Resorts World Sentosa is an integrated resort on Singapore’s Sentosa island. Spanning 49 hectares on Singapore’s Sentosa island, Resorts World Sentosa is home to attractions including Universal Studios Singapore, the S.E.A. Aquarium, Dolphin Island and Adventure Cove Waterpark.

It also offers six luxury hotels, a casino, award-winning dining experiences, and world-class entertainment.

Earlier this year, it was reported that Genting Singapore’s S$4.5 billion (US$2.8 billion) expansion of Resorts World Sentosa is likely to go over budget.

The first phase of the project, called RWS 2.0, which started in the second quarter of 2022, includes the expansion of Universal Studios Singapore and the S.E.A. Aquarium, which will become the Singapore Oceanarium.

In May last year, Universal Studios Singapore broke ground on the new Minion Land, due to launch in 2024. The land will house attractions including Despicable Me Minion Mayhem, an immersive motion-simulator 3D ride.

RWS 2.0 also includes the addition of Super Nintendo World at Universal Studios Singapore.

Genting Singapore has also announced a strong first half of 2023, with adjusted EBITDA rising 68% to SG$452.5 million (US$336 million), as consolidated revenue rose by 63% yearly to SG$1.1 billion (US$817 million).

Genting Singapore notes that foreign visitor arrivals into Singapore continued to improve although limited air capacity from certain countries in the region and elevated airfares are affecting leisure travel.

Lee will take up her new role from 1st September.

Image: Genting Singapore's Lee Shi Ruh with representatives of Institute of Singapore Chartered Accountants after the 2018 ISCA Run. Credit: Institute of Singapore Chartered Accountants/Facebook.

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