Daughters take helm in family-run businesses

Generational shift sees more Asian women holding visible, key leadership positions

At a very young age, Wendy Yap Sui Cheng, chief executive officer of Nippon Indosari Corpindo, a family-run bread and cake maker listed on the Indonesia Stock Exchange, was designated by her father, Piet Yap, to succeed him.

Though he had a son to take over the family business, Piet Yap believed it was about handing over the reins to the child who best understood his vision.