Michelle Cheo Hui Ning

The granddaughter of Cheo Peng Hong, who founded food and agricultural business Mewah International in the 1950s, Michelle Cheo Hui Ning is credited with leading the 2010 public listing of the family business and its ongoing push into Indonesia. With operations across Malaysia, Singapore, and Indonesia, Mewah supplies products such as cooking oil, soap, and rice to distributors and consumers in over 100 countries. Cheo, who studied chemical engineering, joined Mewah in 2003 after six years at Exxon Mobil. Citing a challenging macroenvironment, the company said its fiscal 2023 profits fell 64% to $40.6 million.