CEO of EC World Reit's manager quits; board says new candidate identified

EC World Asset Management, manager of EC World Reit, announced that executive director and CEO of the manager Alvin Cheng has resigned to pursue other professional interests.

Mr Cheng joined the manager in January 2017, firstly as executive director & deputy CEO, and was promoted to executive director & CEO in May 2017.

In a filing with the Singapore Exchange on Feb 9, the Reit manager said that Mr Cheng has contributed to the strengthening of the organisation structure as well as the growth plan of EC World Reit.

The board said that it has identified a candidate to act as the CEO and will make the relevant announcements once the necessary regulatory approval has been obtained.