One of China’s largest developers has started out March with some management upgrades as Longfor Group announces a new vice chair and chief executive. Also introducing new leadership is NASDAQ-listed data centre operator Chindata, and the Malaysian unit of developer Lendlease.
Longfor Group Holdings announced to the Hong Kong stock exchange on 28 February that it has appointed Shao Mingxiao as its vice chairperson effective 1 March. The top-level management move at the mainland developer means that Shao, currently 56, has stepped down from his role as chief executive. The graduate of Beijing’s Renmin University has been with Longfor Group since 2006
The management transition at Longfor Group also involves the Hong Kong-listed developer appointing Chen Xuping, age 40, as its new chief executive. Chen, who is already an executive director with the company, originally joined Longfor Group in 2008 and was appointed as chief operating officer in August 2021 – the same time that the Tsinghua University graduate joined the board as an executive director.
Bain Capital-backed data centre operator Chindata announced on 25 February that it has appointed Huapeng Wu as its new chief executive, with the company veteran filling a vacancy created when company founder Alex Ju Jing left the Beijing-based firm in December of last year. Wu joined Chindata in 2019 as head of the company’s domestic business and was credited in a company statement with having strengthened the data centre operator’s customer network, telecom partnerships and government relations.
Sydney-based developer Lendlease on 1 March introduced Yong Su-Lin as its new managing director for Malaysia, effective that same day. Yong replaces the developer’s former Malaysia country head, Stuart Mendel, who is returning to Australia. Prior to joining Lendlease to take on her new role, Yong, who will be reporting to Asia chief executive Justin Gabbani, had spent nearly seven years as chief executive of Malaysia’s Sentral REIT.
Mark Ebbinghaus, chief executive for Europe at ESR’s ARA Asset Management, has taken on an additional role as independent chairperson of the private debt investment committee at Australia’s QIC, according to a LinkedIn update. Brisbane-based QIC launched a multi-sector debt strategy in February of this year, with Ebbinghaus having led ARA’s establishment of a European debt investment joint venture in 2019.
Hong Kong-listed hypermarket retailer Sun Art Retail said on 3 March that it has appointed Liu Peng as a non-executive director of the operator of mainland China’s RT-Mart chain, replacing Xu Hong, with the board switch taking effect that same day. Alibaba, where Liu Peng has worked since 2015, purchased a controlling stake in Sun Art last year, with Liu also serving as a non-executive director at Suning.com since last year.
Former Justco executive Brandon Chia has joined CapitaLand-controlled flexible office firm The Work Project as Country Head for Singapore, according to a LinkedIn update. Chia had left his role as head of Singapore and Indonesia with JustCo in July of last year after more than eight years with the serviced office provider, where he had started out as an assistant centre manager in 2012 before working his way up to senior management.
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