Keppel Reit's manager gets new CEO

KEPPEL Reit Management, Keppel Reit's manager, on Wednesday said it will appoint a new chief executive officer, subject to regulatory approval.

The news comes only a month after outgoing CEO Jesline Goh, 43, assumed the role.

In a filing to the bourse operator, the manager said Tan Swee Yiow will take over from Ms Goh as CEO and executive director with effect from March 20.

It added that Ms Goh "is leaving the manager to pursue other career opportunities". She was appointed CEO-designate of the manager from Jan 10. Ms Goh then succeeded former CEO Ng Hsueh Ling on Feb 1.

Mr Tan, 56, is president, Singapore, in Keppel Land and concurrently head of Keppel Land Hospitality Management. He oversees the Keppel Land Group's investment and development operations in Singapore, as well as its hospitality management arm.

Mr Tan has been with the Keppel Land Group since 1990. He was the CEO of the manager when Keppel Reit was listed in April 2006, a role that he held till 2009.

Said Audrey Chin, chairman of the manager: "Swee Yiow has been associated with Keppel Reit and the Keppel Group for a long time, and had played an instrumental role during Keppel Reit's inception and in the early years of its growth.

"While in Keppel Land, he led the development of many of the Singapore Grade A office buildings that are currently part of Keppel Reit's quality portfolio. His familiarity with Keppel Reit and its business operations, coupled with his expertise and in-depth knowledge of the real estate sector, will put the Reit in good stead to seize further opportunities for growth."