CapitaLand China Trust manager names Gerry Chan as CEO
He will also join the executive committee as an executive non-independent director
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THE manager of CapitaLand China Trust (CLCT) has appointed Gerry Chan as its CEO and an executive non-independent director with effect from Jan 1, 2025.
The 48-year-old was appointed as deputy CEO on Sep 1. In a bourse filing on Friday (Dec 6), the manger said Chan’s latest appointment is part of its regular succession and leadership renewal process.
Chan will succeed Tan Tze Wooi, who will be redesignated as a non-executive non-independent director. Tan will also continue as a member of the manager’s executive committee and assume another senior management role at CapitaLand Investment, said the manager.
Units of CLCT closed at S$0.715 on Friday, down 0.7 per cent or S$0.005, before the news.
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