CapitaLand to set up a new executive committee

Singapore-based CapitaLand is setting up a new executive committee to provide strategic business planning, organizational alignment, and implementation following its Ascendas-Singbridge acquisition.

The new committee, led by CapitaLand group CEO Lee Chee Koon, will include several C-suite executives from Ascendas-Singbridge.

The current Deputy Group CEO of Ascendas-Singbridge Manohar Khiatani has been appointed as Senior Executive Director of CapitaLand. He will assist  Lee in matters regarding organization integration, as well as its India and business parks businesses.

Jonathan Yap, Group Chief Operating Officer and Group Chief Financial officer of Ascendas-Singbridge, will be appointed President, CapitaLand Financial. He will oversee the group's REITs and business trusts; private and third-party funds and the group's India business.

He Jihong, Chief Investment Officer of Ascendas-Singbridge, will join as Chief Corporate Strategy Officer of CapitaLand. She will identify strategic business focus areas and work closely with businesses to formulate corporate strategies for the group's long-term sustainable business results.

CapitaLand Chief Business Innovation Officer Lynette Leong will take on the role of Chief Sustainability Officer, responsible for the group's sustainability strategy and policies. 

Tan Seng Chai will take on the role of chief corporate and people officer. Meanwhile, Andrew Lim will remain as group chief financial officer and Kevin Goh as The Ascott CEO.

Jason Leow, as President, Singapore & International, will oversee the business and growth of the group in Singapore and internationally, excluding China and India.

Lucas Loh, as President, China, will oversee the business and growth in China as a core geographic market for the group.

Wen Khai Meng, Senior Advisor, group strategy will also become a member of the executive committee.

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