With the acquisition of Ascendas-Singbridge on track for completion by end June, CapitaLand announced several key executive appointments to drive its next phase of growth. CapitaLand also set up a Group Centre of Excellence (COE) which will focus on selected key areas.
They include: “urban strategy, business communities development, retail innovation, customer services & solutions, sustainability and digital & technology” and will be helmed by group chief executive officer Lee Chee Koon.
Manohar Khiatani, who will be appointed as senior executive director, will help the group CEO in matters relating to organisation integration and India business parks businesses. The current deputy group CEO of Ascendas-Singbridge, he will also oversee the group COEs for business communities development and customer services & solutions.
Jason Leow will be assigned as president of Singapore & International, overseeing CapitaLand Group’s business and growth in Singapore and internationally except India and China. He will also oversee the group COE for retail innovation.
Lucas Loh will serve as president for China, while Jonathan Yap – currently the group COO and CFO of Asendas-Singbridge – will be appointed president for CapitaLand Financial.
Andrew Lim will continue as group CFO, while the firm’s group chief people officer, Tan Seng Chai, will serve as chief corporate and people officer.
Kevin Goh will still be the CEO of The Ascott Limited to oversee the growth of CapitaLand’s lodging business.
He Jihong will be the chief corporate strategy officer of CapitaLand Group, while Lynette Leong, the current chief business innovation officer, will serve as chief sustainability officer.
“CapitaLand’s next phase of growth as an enlarged group will be well supported by an experienced management bench comprising accomplished leaders and skilled professionals from both companies coming together to deliver sustainable long-term value to shareholders,” said CapitaLand Limited chairman Ng Kee Choe.
“CapitaLand will leverage the group’s capabilities and combined scale to extract value from its enhanced real estate value chain and global network.”
All appointments will take effect from 1 July.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email firstname.lastname@example.org