The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran finding a new role with a local developer and a long-time Cushman executive finding a new place in a competitor’s flexible office. Despite all these new roles a pair of Singapore’s longest-standing executives are leaving the office to play more golf and there’s many more details on who will be handing out new namecards if you just keep reading.
Gwee Lian Kheng will be retiring from his role as CEO of Singapore’s UOL Group after 45 years with the developer. Gwee originally joined UOL as a financial controller in 1973, according to an account in the Straits Times, and has overseen the company’s growth from S$749 million in assets to S$20 billion at the end of the first quarter. Gwee, who will be leaving his executive duties on 31 January 2019 will retain a seat on UOL’s board.
Retiring CapitaLand Group CEO Lim Ming Yan has given up his seats on the boards of four of the Singaporean group’s entities as of July 1st, according to an announcement to the Singapore stock exchange. Lim, who will be retiring from his role at the helm of CapitaLand group on December 31st has already relinquished his board positions with CapitaLand Retail China Trust Management, Ascott Residence Trust Management, CapitaLand Commercial Trust Management and CapitaLand Mall Trust Management.
Vincent Hsu is now Executive President of Education at Fosun Intelligent Retail Group and a Vice President with the Shanghai-based investment group as it joins the mainland rush to bring everything online. Hsu’s new role comes one year after the Zhejiang University graduate became a Managing Director and Assistant to the President with Fosun, and some six years after the former Yanlord Land executive joined Fosun.
Jean Wu has joined Kuntin Group as the Beijing-based industrial developer’s chief executive officer. Wu, who spent the previous eight years with Singapore’s Ascendas-Singbridge in Shanghai took on her new responsibilities with the developer of Kuntin Suzhou International Medical Device Industrial Park and Kuntin European Business Park in Beijing starting from last month. Wu previously served as Vice President and head of marketing with Ascendas and also has previous experience with Dalian Software Park.
David Wang has joined JLL in Shanghai as the property consultancy’s Head of Design and Construction. Wang took on his new role with the US-based firm last month after six years with Cushman & Wakefield, where he served most recently as Senior Director and Head of Project and Building Consultancy for East and Central China. The Sichuan University graduate also has previous experience with Johnson Controls and Saint Gobain.
CBRE has brought hotel division executive Junrong Teo back to Singapore from London to serve as an Associate Director overseeing international capital markets for CBRE Hotels, according to an announcement by the real estate brokerage. The National University of Singapore graduate’s territory will include both the APAC and EMEA regions and comes after Teo first joined CBRE in 2013.
If your company has made a major new hire, if you’ve recently scored your dream job or if someone that you never really liked just got fired, please drop us a line here at Mingtiandi, and we will be happy to share your news with Asia’s real estate community.