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CEO change at Macquarie Asian Pay Television Trust management
ROBERT Thorpe, 39, has resigned from his position as CEO and executive director of the manager of Macquarie Asian Pay Television Trust (MAMPL) to relocate to Australia.
He will remain with the Macquarie Group, although the company did not mention in what capacity. According to filings to the Singapore Exchange (SGX), he continued to hold 165,000 units of the trust.
With effect from Oct 15, Mr Thorpe has been succeeded by Cheong Wei Yue, who joined the Macquarie Group in 2006 and has managed several infrastructure assets owned by Macquarie-managed funds across Asia, including Taiwan Broadband Communications.
"Wei Yue has extensive fund management experience, having previously served on the senior management team of a SGX-listed diversified infrastructure fund managed by Macquarie, and possesses the requisite credentials and expertise to lead MAMPL as CEO," said chairman Yong Lum Sung.
He also thanked Mr Thorpe for leading APTT to deliver financial results and distributions to unit holders that have been in line with forecasts.