PROPERTY investment manager CapitaLand Investment (CLI) announced several key executive appointments on Tuesday (Jan 14) as part of its ongoing leadership renewal, bringing in three female leaders into senior roles.
With effect from Jan 22, Yvonne Siew will be appointed managing director and head of product development and wealth markets of private capital markets of the real asset manager.
Prior to joining CLI, Siew has more than 20 years of experience across the real estate spectrum. Her previous roles included head of real estate advisory and investments at the Bank of Singapore, executive director of global capital markets at CBRE, as well as the head of Asia real estate at Citi Private Bank.
In her new role at CLI, she will be responsible for leading product development, client services and marketing communications for CLI’s private funds, on top of driving the company’s private wealth business, said the real asset manager.
From February onwards, Yong Su-Lin will assume the position of chief executive officer of CapitaLand Malaysia Reit Management (CMRM), the manager of CapitaLand Malaysia Trust.
With more than 28 years of experience in the real estate and banking industries, Yong will be responsible for leading the management team in the planning and execution of CLMT’s growth and operational strategies.
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Prior to her appointment as chief executive officer designate of CMRM on Jan 2, Yong was the managing director of Malaysia and China and an interim chief financial officer of Asia of the Lendlease Group. Prior to joining the Lendlease Group in 2022, she was the chief executive officer of Sentral Reit Management.
CLI’s current chief executive officer of CMRM Tan Choon Siang will be appointed deputy chief executive officer of CapitaLand Integrated Commercial Trust Management, the manager of CapitaLand Integrated Commercial Trust, on Feb 1. He will assist the chief executive officer Tony Tan in managing all aspects of CICT’s business.
Additionally, Suzanne Spells was appointed general counsel on Jan 1, responsible for the delivery of legal and corporate secretariat services to the businesses of CLI.
Before joining CLI, Spells was the general counsel and chief compliance officer of Asia-Pacific at Apollo Global Management and an Asia-Pacific Executive Leadership team member.
Lee Chee Koon, group chief executive officer of CLI, said: “These appointments will enhance our private and listed fund management capabilities, further strengthening CLI’s position as a leading global real asset manager.”
