Kwek Leng Beng's son named CDL deputy CEO
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE son of real estate tycoon Kwek Leng Beng has been named deputy chief executive officer at City Developments Limited (CDL), the property group said in a Singapore Exchange filing on Monday morning. It also announced a new chief financial officer and other appointments, saying it aimed to improve its organisational structure as it ramps up diversification plans.
Sherman Kwek Eik Tse, 40, will assist the CEO, Grant Kelley, in overseeing and managing "key operating divisions" within the group, CDL said, adding that he would relinquish his positions as chief investment officer of the group and chief executive officer of CDL China.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
