"The Asia Pacific organisation is now being restructured and streamlined while giving greater focus to individual parts of the region. IHG's operations in Greater China are now of sufficient scale that they will become ...
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a separate business unit under the leadership of Keith Barr, Regional Managing Director based in Shanghai, reporting directly to Andy Cosslett, IHG's Chief Executive. A second business unit comprising IHG's operations in Southern Asia, Japan, Korea and the Pacific will be led by Jan Smits, Regional Managing Director based in Singapore. Mr. Smits will also report to Andy Cosslett.”
“This change is part of a broader cost saving programme involving streamlining various parts of the global organisation, discretionary cost control, improved efficiency and effectiveness and making greater use of IHG's scale to achieve purchasing savings.”
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