Herbalife Launches Asia Pacific Shared Services Center in Malaysia to Support Growing Nutrition Demand in the Region

Stocks and Financial Services Press Releases Tuesday April 17, 2018 08:53
MALAYSIA, Kuala Lumpur--17 Apr--PRNewswire/InfoQuest

With the purpose of making the world healthier and happier, premier global nutrition company, Herbalife, today officially launched its first Asia Pacific Shared Services Center (SSC) in Kuala Lumpur, Malaysia. Occupying two floors of Horizon 2 in the Bangsar South enclave of Kuala Lumpur, the new SSC is the fifth such center to be launched globally as part of Herbalife's Global Business Services Centers (GBSC) strategy, housing over 100 employees to support the growing demand for nutrition in the Asia Pacific region, and around the world.

"The new shared services center is in close proximity to the majority of the Company's member base in Asia Pacific and plays an important role in driving continued growth of the region's nutrition business," said Stephen Conchie, senior vice president and managing director, Asia Pacific, Herbalife.

The new SSC in Kuala Lumpur joins other centers around the globe in Guadalajara, Mexico; Queretero, Mexico; Krakow, Poland; and Bangalore, India, with the aim of streamlining business operations, standardizing service standards and enabling increased agility for Herbalife's growing nutrition business. Fully equipped to support back-office operations such as finance and accounting, global sourcing, information technology, member business practices and compliance as well as Member Technology and Strategy (MTS), the Kuala Lumpur SSC features a skilled team adept at working across geographies and specializations to drive increased business efficiency and cost effectiveness for more sustainable operations in the long run.

"The launch of Herbalife's Shared Services Center in Kuala Lumpur, affords the Company the ability to respond more quickly and provide better service to our purpose-driven independent members and customers across the region," said Neil Spiers, vice president of global business services, Herbalife.

With a world-class business environment, competitive cost, coupled with a skilled workforce and strong outsourcing and info-communications technology infrastructure, Kuala Lumpur has gained a reputation for being one of the best business hubs in the region. Home to more than 250 foreign and multinational companies, the city is also well-equipped to support the growing demands of modern day businesses, including Herbalife.

About Herbalife

Herbalife is a global nutrition company whose purpose is to make the world healthier and happier.   The Company has been on a mission for nutrition - changing people's lives with great nutrition products and programs - since 1980. Together with our Herbalife independent members, we are committed to providing solutions to the worldwide problems of poor nutrition and obesity, an aging population, skyrocketing public healthcare costs and a rise in entrepreneurs of all ages.   Herbalife offers high-quality, science-backed products, most of which are produced in Company-operated facilities, one-on-one coaching with an Herbalife independent member, and a supportive community approach that inspires customers to embrace a healthier, more active lifestyle.

Herbalife's targeted nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Herbalife members in more than 90 countries.

Through its corporate social responsibility efforts, Herbalife supports the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. Herbalife is also proud to sponsor more than 190 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy, and numerous Olympic teams.

Herbalife has over 8,000 employees worldwide, and its shares are traded on the New York Stock Exchange (NYSE: HLF) with net sales of approximately US$4.4 billion in 2017. To learn more, visit Herbalife.com or IAmHerbalife.com.

Herbalife also encourages investors to visit its investor relations website at ir.herbalife.com as financial and other information is updated and new information is posted.
Media Enquiries:
Herbalife Asia Pacific
Daliea Mohamad-Liauw
VP, Corporate Communications, Asia Pacific
DID: +852-3589-2643
Email: dalieal@herbalife.com
Photo - https://photos.prnasia.com/prnh/20180416/2105694-1

Caption - Herbalife CEO Rich Goudis (center) at the launch of the new Asia Pacific Shared Services Center, with Herbalife executives and guests, including Dato' Ng Wan Peng, COO of MDEC (to Goudis' left), Lim Bee Vian, Executive Director, Strategic Planning (Services), MIDA (to Goudis' right), Stephen Conchie, senior vice president and managing director, Herbalife Asia Pacific (fifth from left, second row), and Dean Thompson, Deputy Chief of Mission, US Embassy in Malaysia (third from right, front row)


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