CapitaLand’s group chief investment officer Lee Chee Koon will become president & group CEO from September 15, taking over from Lim Ming Yan who gave notice to retire earlier this year.
Lim will continue to serve as a board director for the company until December 31, 2018.
Lee first joined the company in February 2007 and has held several appointments within the group, including as CEO of Ascott, CapitaLandâ€™s wholly owned serviced residence business.
Before joining Ascott in July 2009 as managing director for China, Lee was vice president in the office of the president at CapitaLand. Prior to joining CapitaLand in February 2007, he held appointments in various ministries such as the Ministry of Trade and Industry, Ministry of Finance and the Monetary Authority of Singapore.
Meanwhile, CapitaLand has appointed group COO of CapitaLand Group Jason Leow Juan Thong as president (Asia & retail) and CEO of CapitaLand China Lucas Loh Jen Yuh as president (China & investment management), effective September 15.
In his new role, Leow will look into growing the Group’s presence in Asia (excluding China), including Singapore and Vietnam, as well as to expand its retail business.
Loh will be responsible for overseeong the growth of China as a core geographical market for the group, as well as the expansion of its investment management business.
Both Leow and Loh will report to Lee in their new positions.