Frasers Hospitality has appointed Koh Teck Chuan as the company's new CEO. The appointment of former CEO of Hongkong Land subsidiary MCL Land is effective from February,19.

Last week, Frasers Property announced the retirement of its long-time CEO, Choe Peng Sum on 15th February. Sum has assumed the role of senior adviser to parent Frasers Property on February, 16.

Frasers Property's Group Chief Executive, Panote Sirivadhanabhakdi, shared in media, "We are committed to building on Frasers Hospitality's established brand portfolio and network to continue strengthening the business." He further added, " Teck Chuan is a real estate veteran who brings with him a wealth of experience. He is an experienced leader who has led, managed and developed high-performance teams. We look forward to his contributions to Frasers Hospitality and the group as we move to the next phase of Frasers Hospitality's growth journey."

Before becoming CEO of MCL Land, Koh had been the Finance Director at Cycle & Carriage Industries, a motor distribution business, and chief financial officer at MCL Land. He is currently a director at ALPS Pte Ltd and BlingSQ Pte Ltd.

On his appointment as the CEO of Frasers Hospitality, Koh was quoted in media saying, "I have long-admired Frasers Hospitality and the remarkable team of talents who shape this globally-respected brand."

Koh is also a Member of the Singapore Institute of Management. Mr. Koh graduated from the National University of Singapore with a Bachelor of Civil Engineering (Honours) and a Master's degree in Business Administration.