Frasers : TQ5 0% Property : TQ5 0% on Monday (Jan 15) announced several organisational changes with effect from Feb 1, 2024.

Anthony Boyd, the chief executive officer of Frasers Property Australia, will be appointed to a newly created group chief operating officer role to work closely with the global executive leadership team. He will also support the group CEO in aligning strategic programmes.

Cameron Leggatt, the executive general manager of development at Frasers Property Australia, will be promoted to CEO to oversee the group’s development and investment operations in the country.

Zheng Wanshi, the group chief strategy and planning officer, will be appointed to an expanded role of group chief strategy and sustainability officer. She will work closely with the group functions and business units to integrate risk management, as well as sustainability, with the overall group strategy and operations.

Zheng will also oversee the group legal and corporate secretariat, as well as group data protection functions, as part of her broader focus on group governance.

“The business units’ structure, which clusters the businesses into core focus areas by geography and global asset class, will see six business unit leaders reporting directly to the group CEO, instead of eight,” said the group.

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Lim Hua Tiong, CEO for Frasers Property Vietnam and One Bangkok, will take an expanded role as CEO of emerging markets in Asia – covering Thailand, Vietnam and China markets.

“These leadership changes will enable us to draw deeper upon group synergies, strengthen business resilience, and build further upon our strengths from both a geography and asset class perspective,” said group CEO Panote Sirivadhanabhakdi.

Additionally, with effect from Mar 1, 2024, group chief corporate officer Chia Khong Shoong and CEO of Frasers Property China Lorraine Shiow will be leaving the group to pursue other personal interests.