Apollo Global Management leads this week’s look at personnel moves across Asia Pacific’s real estate industry, with the alternative asset giant making its first dedicated hire for a government-backed private credit fund in Singapore. Also making the list, Keppel brings home a long-serving executive from New York to lead capital deployment, while Seazen, Suntec REIT and Fantasia Holdings announce director departures.
Apollo Global Management has made its first dedicated hire for its S$1 billion ($740 million) private credit growth fund, a Singapore government-backed initiative providing non-dilutive debt financing to high-growth local enterprises. Wei Ming Wong, previously a vice president at Warburg Pincus, has joined the US private equity firm as a principal and will focus on originating and analysing deals for eligible companies, according to a Bloomberg report. Wong is Singapore-based and is expected to join before the end of this month.
Wai Kit Tai has stepped into the role of deputy chief investment officer for real estate at Keppel Ltd, returning to Singapore after seven and a half years in New York, where he led the group’s living sector strategy across build-to-rent, multifamily, co-living and student accommodation in Asia Pacific. Tai will work alongside chief investment officer Bridget Lee on capital deployment of Keppel’s real estate mandates globally, according to a LinkedIn update. He has been with the Temasek Holdings-backed company for nearly 12 years.
Seazen Group announced that Lv Xiaoping has resigned as executive director, chief executive officer and ESG committee member of the HKEX-listed Chinese developer with effect from 16 March 2026, citing a desire to devote more time to pursue other endeavours. Lv confirmed that he has no disagreements with the board, according to an announcement to the Hong Kong stock exchange. The company said it is identifying a suitable CEO candidate and will make a further announcement when appropriate.
David Matheson has retired as chairman and non-executive director of Singapore REIT manager ESR Trust Management (Suntec) Limited, with effect from 17 March 2026 after Gordon Tang’s Tang Organisation took over the REIT manager. Matheson, who is a chief investment officer at ESR, had held the chairman role since September 2025, with the company having appointed Lock Wai Han as interim chairman of the board, according to an announcement to the Singapore Exchange. Hongkong Land recently acquired ESR’s stake in Suntec REIT.
HKEX- and Nasdaq-listed hotel operator H World Group has appointed Arthur Yu as chief financial officer with effect from 18 March 2026, as Chen Hui moves to chief compliance officer. Yu joined China’s largest hotel manager as executive vice president in December 2025, having previously served as CFO of e-commerce group Baozun and, before that, as CFO of the Greater China region at Jaguar Land Rover, according to the company’s results announcement.
Cheng Jianli has resigned as executive director, board chairman and authorised representative of Fantasia Holdings Group, with effect from 19 March 2026, citing personal career reasons. Cheng confirmed that she has no disagreement with the board, according to an announcement to the Hong Kong stock exchange. The simultaneous departure of the board chair and authorised representative leaves Fantasia in breach of several HKEX listing rule requirements; with the board saying it will seek replacements within three months.
Savills has recruited Nicholas Wilson as senior director for strategic research and advisory with its Asia Pacific capital markets team based in Singapore. Wilson joins from Oxford Economics, where he spent nearly four years as associate director for real estate economics. His career includes a decade at JLL — latterly as head of Asia Pacific capital markets research and director of corporate finance — and a year heading capital markets research for Asia at Colliers, according to his LinkedIn profile.
Australian real estate funds manager Aliro Group has appointed Robert Hattersley as a senior executive with its capital division. Hattersley brings more than three decades of experience in funds management and capital raising, joining from MaxCap Group where he spent nearly four years as group head of capital. Before that, he served as chief investment officer at AMP Capital and spent more than 21 years at Lendlease as group chief investment officer, according to his LinkedIn profile.
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.
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