THE SPIRIT OF ENTERPRISE AWARDS 2014
FRIDAY, 07 NOVEMBER 2014
MANDARIN ORCHARD HOTEL, GRAND BALLROOM
This year’s SOE–Nexia TS Entrepreneur of the Year Awardee is a serial entrepreneur and one of Singapore’s food empire giants.
He boldly left his job in a large property company to venture into the window-film industry. Today, he runs his own investment company, which owns well-known food brands PastaMania, Swissbake, NYC Bagel Factory, Barramundi Asia, and Zac Meat & Poultry. He is Mr. Andrew Kwan.
After the success of his window-film business under Globamatrix Holdings Pte Ltd, which had more than 1,200 franchise outlets and authorised dealers in 31 countries, Andrew Kwan ventured into the food industry. He founded Commonwealth Capital Pte Ltd, a Singapore-based investment company, one of the nation’s most successful home-grown conglomerates. CCPL’s portfolio companies engage in the in-house production of meat, seafood, baked and ready-to-eat products; operate state-of-the-art warehousing and logistics services for food retailers; and manage over a hundred retail points in eight countries under the PastaMania and Swissbake brands.
Under his direction, CPPL has received multiple business commendations. Its leadership demonstrates extensive knowledge and experience in building brands, operating franchises and providing supply chain management services across regional, Asian and Middle Eastern markets.
Andrew Kwan was the overall winner of the Rotary-ASME ‘Entrepreneur of the Year 2004’ and his companies have won numerous accolades, including the Business Times ‘Enterprise50’, ‘Fastest Growing 50’ and consecutive ‘Franchisor of the Year’ titles in two different industries from the Franchising and Licensing Association (Singapore). A business he divested in 2010 was also the winner of the ‘Best Exit’ award conferred by the Singapore Venture Capital and Private Equity Association.
Consistent throughout his numerous achievements, Andrew Kwan believes that the secret to his success is human capital. For him, finding the right people for the job and investing in them is key to fully maximise their potential, and gain their trust and support to grow his business in the long run.
Beyond the corporate world, Mr Kwan is also a family man with a lovely wife and four children — two daughters and two sons. He serves as a church elder, a non-Resident Fellow of Eusoff Hall, and sits on the board of SPRING Singapore, the Restaurant Association of Singapore and other IPCs.
Ladies and gentlemen, it is with great pleasure that I present this year's SOE–Nexia TS Entrepreneur of the Year award winner and Group Managing Director of Commonwealth Capital Pte Ltd, Mr. Andrew Kwan.