CapitaLand Investment appoints Andrew Lim as group COO from Jan 1

CAPITALAND Investment’s (CLI) current group chief financial officer (CFO) Andrew Lim will assume the newly-created role of group chief operating officer (COO) from Jan 1, the global real estate investment manager said in a statement on Thursday (Dec 8).

Paul Tham, currently Lim’s deputy, will be promoted to group CFO on the same day.

In his new role, Lim will be tasked to facilitate and steward CLI’s : 9CI 0% deal sourcing, investment and operations in the various markets across the group’s fund and lodging platforms, allowing the company to more effectively connect investors to its fund and real estate investment trust vehicles, CLI said.

Lim will also oversee the China business under the leadership of Puah Tze Shyang, CLI China’s chief executive officer (CEO), as well as the company’s businesses in Japan, Korea, Australia, Europe and the US. He will also be in charge of sustainability, risk management and compliance across the group.

Tham, who joined CLI in December 2021, will oversee the company’s finance, capital management and strategy.

CLI on Thursday also announced three other newly-created roles and appointments.

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Janine Gui, currently managing director and head of group strategic investment, has been appointed chief M&A officer, effective Jan 1.

Kng Hwee Tin, currently CEO for China capital markets and CEO for finance and corporate services, CLI China, has been appointed group chief risk officer, effective on the same date.

The company also announced that Quah Ley Hoon, former chief executive of Singapore’s Maritime and Port Authority, joined as chief people and culture officer on Dec 1, 2022.

CLI shares ended Thursday at S$3.62, up 2.3 per cent or S$0.08.