ESR-Reit CFO resigns

THE manager of ESR-Reit on Wednesday said that its chief financial officer Shane Hagan has resigned "to pursue his own interests". Mr Hagan will also step down from his post as chief operating officer.

Amy Low, financial controller, has been appointed as acting chief financial officer. Nancy Tan, head of real estate, will take over all operational and investment matters relating to ESR-Reit.

Mr Hagan will stay on until the end of October to support the transition, the firm said.

Units of ESR-Reit closed on Wednesday at S$0.50, up half a Singapore cent or 1.01 per cent.