H2G Green CEO Pek Hak Bin will step down on May 31 at the end of his one-year term in the top job, according to a May 4 bourse filing.
Pek was appointed CEO of the Singapore-listed energy transition firm on June 1, 2025. Founded in Singapore, H2G Green focuses on developing biomass-to-hydrogen technology and expanding the use of liquefied natural gas (LNG).
According to H2G Green, Pek was appointed CEO for a one-year term, as stipulated in his service agreement. Pek has indicated that he does not wish to renew his tenure.
“The conclusion of Mr Pek’s tenure also coincides with the group’s transition into its next phase of strategic development, as the board reviews and recalibrates the group’s business priorities in its core business areas,” reads the bourse filing. “To ensure a smooth and orderly transition of responsibilities, Mr. Pek will continue in his current role until his last day of service.”
According to H2G Green, the company is on the lookout for “suitable candidates” to succeed Pek “and an announcement will be made as and when appropriate”.
Pek, 60, remains at United Petroleum International Holdings as an executive director, a position he has held since 2016. He is also a director at YMCA, having chaired the International House committee since 2018, and subsequently being appointed director in 2020.
See also: UltraGreen.ai secures regulatory approval for Verdye in Singapore
Pek was formerly a board director at the Energy Market Authority (EMA) and chairman and director at BP Singapore.
At H2G Green, Pek succeeded Lim Shao-Lin, who stepped down after close to six years due to “personal affairs”.
Lim was charged in October 2023 under the Employment of Foreign Manpower Act for allegedly making false declarations about the employment of three individuals between 2018 and 2020.
As at 1.48pm, shares in H2G Green are trading 0.1 cent lower, or 7.1% down, at 1.3 cents.
