From The Straits Times    |

Credits: ICON Singapore

Young entrepreneurs like Ms Ho Ren Yung, 37, Senior Vice- President of the Banyan Tree Hotels and Resorts and Ms Cynthia Handriani Wijaya, 29, Head of Business Development & Investor Relations of the Daya Selaras Group are making their mark in the world for leading the charge in promoting sustainability in their industries. 

Recognising their efforts and dedication to their craft, these two women were each given an award at The Next ICON Awards that was held last night. 

Credit: ICON Singapore

The Next Icon Awards, organised by Chinese luxury magazine ICON Singapore at Shangri-La Singapore yesterday, celebrates innovation, excellence, and leadership among the next-generation entrepreneurs and family businesses both in Singapore and across the region.  

Sylvester Ng, Editor-in-Chief, ICON Singapore, said: “We are proud to recognise these exceptional individuals who are driving sustainable initiatives in their family businesses. Their dedication and leadership are a testament to the spirit of innovation and excellence that the award embodies. We are confident that their success will inspire and empower the next generation of business leaders.”

Ho Ren Yung, Senior Vice-President, Banyan Tree Hotels And Resorts

Ho Ren Yung, Senior Vice-President, Banyan Tree Hotels And Resorts
Credit: ICON Singapore

Ho Ren Yung has done a lot of remarkable things over the years in her work. But one of the more noteworthy initiatives that she has done is the successful launch of Banyan

Tree Escape. The property that’s now open in Bali, Indonesia, was designed to be a sustainable and eco-friendly retreat. The resort features 16 luxurious villas, each of which is set within a lush, natural environment and built using locally sourced materials.

With sustainability in mind, Banyan Tree Escape in Bali features a range of eco-friendly initiatives such as solar power, rainwater harvesting, and organic gardens. On top of that, the resort also supports the local communities by sourcing its ingredients from nearby farms and employing local staff.

To promote sustainability on a broader scale, Ho Ren Yung is involved in the Singapore Chapter of the Climate Governance Initiative, as a testament to her dedication to tackling climate change and promoting sustainable practices in her industry. As a matter of fact, her efforts have been recognised through her recent award as Asia’s Most Influential SG, which highlights her leadership and impact in driving sustainability initiatives. 

Cynthia Handriani Wijaya, VP of Business Development & Investor Relations, Daya Selaras Group

Cynthia Handriani Wijaya, VP of Business Development & Investor Relations, Daya Selaras Group
Credit: ICON Singapore

One of the other changemakers that are making a mark in the industry is none other than Cynthia Handiani Wijaya. At the age of 29, Cynthia has already earned a position as a VP of Business Development & Investor Relations at Daya Selaras Group. Committed to creating a sustainable future, Cynthia focuses on creating a circular value chain in the industrial paper industry, manufacturing fully recyclable carton packaging while recovering domestic paper waste with the help of partners and affiliates. 

Her passion for sustainability began at a very young age. When she graduated as Valedictorian for her bachelor’s degree in Prof. Accounting at Macquarie University in Sydney, Australia, Cynthia jumped at the opportunity and joined her family’s business, Daya Selaras Group, of which she started off in the internal audit team and later becoming

the Assistant Chief Financial Officer. With her main focus on improving the circular economy and zero waste movement, she led the company to build a circular system for waste paper. 

The candidates were shortlisted based on their efforts to drive sustainability within their respective family businesses. 

ICON Singapore also partnered with Singapore Management University’s Business Families Institute (BFI) which lent its support as Knowledge Partner. BFI was founded with the goal of helping business families establish sustainable enterprises that drive impact across generations.

Associate Professor Dr. Kenneth Goh, BFI’s Academic Director, said, “The Business Families Institute actively promotes business families’ interests, builds a community of entrepreneurial next-generation leaders and supports them in building sustainable, impactful enterprises across generations. We are delighted to acknowledge the hard work, dedication and innovation of the next generation leaders, and acknowledge the contributions they have made to their family businesses’ success. I am confident these awards will inspire and motivate all next-gen leaders to pursue new ideas and take their companies to greater heights.”