Management continuity at Korea’s largest pension fund leads our list of Asia Pacific personnel moves this week as the NPS has decided to extend the term of its chief investment officer for one more year.
Also included in our roundup are a pair of new chief financial officers at two Singapore-listed property trusts, as well as a flurry of hires and promotions at CBRE, JLL, Colliers and Knight Frank.
Korea’s National Pension Service (NPS) has extended the employment of chief investment officer Ahn Hyo-joon for an additional year, according to local news reports. Ahn will be overseeing investments for the $770 billion fund through 7 October 2022, with this latest extension coming after the NPS had first granted him an additional year during 2020. Ahn has now been serving as CIO since 2018, with the NPS having achieved its best year ever in 2019 with a return of 11.31 percent.
The manager of Capitaland Integrated Commercial Trust (CICT) has promoted Wong Mei Lian to chief financial officer, according to an announcement to the Singapore stock exchange. Now 50, Wong has been serving as senior vice president for capital partnership and development at CICT’s manager since 2019 and will be taking over the top finance role from departing CFO Chew Sze Yung on 26 August.
The manager of Frasers Logistics and Commercial Trust has promoted Tricia Yeo to chief financial officer, effective 1 October 2021, according to an announcement to the Singapore stock exchange. Now 43, Yeo has been with Frasers Group since 2017 and has been serving as head of capital markets and treasury with the trust’s manager since April of last year. She will be replacing Susanna Cher, who will retire on 1 October.
Manish Kashyap has been promoted to global president of advisory and transaction services with CBRE, based in Singapore, according to a LinkedIn update. Having been with the property consultancy since 1996, Kashyap received his new title this month after previously serving as global head of advisory and transaction services – agile and head of advisory and transactions for Asia with the US firm.
Shir Yee Chua has joined JLL in Singapore as head of sales for the company’s international residential division, according to a LinkedIn update. In her new role, Chua will be helping crazy rich Asians and other high net worth individuals to buy homes in global gateway cities after spending just one year as associate group director with PropNex Realty as associate group director. The graduate of Australia’s RMIT University also has previous experience with property agency DWG in Singapore.
Colliers International has promoted Andy Zeng to managing director of its Guangzhou office, according to an update on the company’s official WeChat account. In his new role, Zeng will be responsible for overall business strategy and operations for the property consultancy’s office in the capital of Guangdong province. Zeng was awarded the upgrade after joining Colliers in May this year as director of cultural and leisure operations. Previously he had served as chief investment officer and research director with a unit of Hopson Development Holdings.
Fionne To has been promoted to director with the office leasing advisory team at JLL in Hong Kong, according to a LinkedIn update, after serving more than two years as a senior manager with the same team. A graduate of the University of Toronto, To has now been with JLL since joining the firm as a graduate trainee in July 2015, and has also served as a manager and negotiator with JLL before receiving her latest step up.
If you know of other Asia real estate professionals changing their jobs, getting promoted or just doing something exciting, please contact us here at Mingtiandi.
Note: an earlier version of this story indicated that Shir Yee Chua had joined Knight Frank. The story has been updated to show that Ms Chua is employed at JLL. Mingtiandi regrets the error.