Edmund Tie appoints Desmond Sim as deputy CEO
Ng Ren Jye
DESMOND Sim will take on the role of deputy chief executive officer with effect from June 1, before taking the reins as chief executive from July onwards, Edmund Tie & Company (SEA) announced on Thursday.
Mr Sim will take over from current chief executive Ong Choon Fah, who has been the real estate consulting firm's CEO since May 2015. The Business Times had reported the potential move earlier in March.
He has more than 20 years of experience in the industry, with expertise in research and consulting, valuation, fund management and business development.
Before joining Edmund Tie, the veteran was head of research for South-east Asia at CBRE.
Ms Ong said Mr Sim's skill set was "underpinned by global exposure and an intimate appreciation of markets in Singapore and South-east Asia", and that he is "poised to take the company onto its next lap".
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Genting Singapore trails MBS, but helps anchor Malaysian parent group’s finances
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
CDL to invest S$5 billion, target S$6 billion divestments under refreshed strategy
Stocks to watch: CDL, Centurion, Oiltek, Geo Energy Resources
