KUALA LUMPUR: Berjaya Corp Bhd chief executive officer (CEO) Nerine Tan Sheik Ping has been named among 20 female business leaders in Forbes Asia’s Power Businesswomen 2026 list.

Nerine, 49, is Malaysia’s sole representative on the list, which recognises women entrepreneurs, corporate executives and next-generation leaders from 12 countries and territories across the Asia-Pacific.

The daughter of Berjaya founder Tan Sri Vincent Tan has served as the group’s sole CEO since February 2026, having previously been appointed joint CEO in 2023.

According to Forbes Asia, Nerine faces the challenge of turning around Berjaya’s financial performance after the diversified group recorded losses for two consecutive financial years, weighed down by weakness in its retail and property development businesses.

For the financial year ended June 30, 2026, Berjaya narrowed its net loss to RM340.4mil from RM542mil a year earlier, although revenue declined 4.1% to RM9bil.

Under her leadership, the group has undertaken restructuring measures aimed at reducing debt, including the disposal of underperforming assets.

These included Berjaya Food Bhd’s sale of its 50% stake in the loss-making Malaysian franchisee of bakery chain Paris Baguette in July for a nominal RM1.

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