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Management Team

Sherman Kwek
Group Chief Executive Officer

Mr Sherman Kwek assumed his role as CDL’s Group Chief Executive Officer (CEO) in January 2018 after serving as the CEO-designate from August 2017. He was appointed an Executive Director in May 2019 and concurrently holds the position of Executive Chairman of CDL China Limited since April 2016. He was previously the Deputy CEO and Chief Investment Officer of CDL. He has been spearheading the Group’s expansion in China, Japan and Australia for over a decade and in recent years has also broadened the Group’s presence in Singapore and the UK.

Under his leadership, the Group embarked on a Growth, Enhancement and Transformation (GET) strategy to expand its presence, enhance its existing portfolio, strengthen recurring income streams, develop a fund management business and enable significant transformation through strategic investments and innovation, all of which with the ultimate goal of driving strong performance and creating lasting value for all shareholders.

Throughout his career, Mr Kwek has held various senior management roles including serving as the CEO of Hong Kong-listed City e-Solutions Limited and the Chief Operating Officer of Singapore-listed Thakral Corporation Ltd. He also worked at RECAP Investments Limited, a real estate private equity fund.

Mr Kwek started his career in New York in venture capital and investment banking before eventually joining the US division of Millennium & Copthorne Hotels Limited. He has experience in the areas of investments, mergers and acquisitions, real estate, hospitality and technology, and has worked in New York, Hong Kong, Shanghai and Singapore.

He graduated from Boston University with a Bachelor of Science in Business Administration, majoring in Finance and Marketing with a minor in Psychology.

Chia Ngiang Hong
Group General Manager

Mr Chia Ngiang Hong joined CDL in 1981 and has more than 40 years of experience in the real estate industry in Singapore and the region. A much-respected industry veteran, Mr Chia is the President of the Real Estate Developers’ Association of Singapore, Board Member of the Institute of Real Estate and Urban Studies, and Honorary Advisor of the Singapore Green Building Council. He is also a Fellow of the Institute of Surveyors and Valuers.

He presently chairs the Advisory Committee to the National University of Singapore’s School of Design and Environment and is a member of the Department Consultative Committee.

Beyond his contributions to the building and construction industry, Mr Chia is also active in community and grassroots activities and serves as a Justice of the Peace.

He holds a Bachelor of Science in Estate Management (Honours) from the University of Singapore and a Master in Business Administration (Distinction) from the University of Hull, UK.

Kwek Eik Sheng
Group Chief Strategy Officer
Mr Kwek Eik Sheng joined CDL in 2009, covering Business Development for overseas projects before being appointed as Head of Corporate Development.

Mr Kwek assumed his role as Chief Strategy Officer in 2014 and was additionally appointed Head, Asset Management in April 2016. He was re-designated to Group Chief Strategy Officer on 1 February 2018.

Prior to joining CDL, he was with the Hong Leong Group of companies in Singapore specialising in corporate finance roles since 2006.

Mr Kwek was appointed an Executive Director of CDL’s principal subsidiary, Millennium & Copthorne Hotels Limited (M&C) – formerly known as Millennium & Copthorne Hotels plc – in November 2019, having previously been appointed a Non-Executive Director of M&C from April 2008 to October 2019. He is a Non-Executive Director of Millennium & Copthorne Hotels New Zealand Limited and CDL Investments New Zealand Limited, both of which are listed on New Zealand’s Exchange. He is also Chairman of Grand Plaza Hotel Corporation listed on the Philippine Stock Exchange.

He holds a Bachelor of Engineering in Electrical and Electronics Engineering from Imperial College of Science, Technology and Medicine and a Master of Philosophy in Finance from Judge Business School, Cambridge University.

Frank Khoo
Group Chief Investment Officer
Mr Frank Khoo joined CDL as Group Chief Investment Officer in February 2018 to source and execute new investment opportunities, and also establish a dedicated fund management platform.

With over 20 years of international experience in fund management, private equity, acquisition of real estate assets and the repositioning and restructuring of real estate businesses, Mr Khoo has an extensive network of investors, ranging from insurance companies, pension funds, sovereign wealth funds and high net worth individuals across Asia and Europe.

Previously, Mr Khoo was the Global Head of Asia of AXA Investment Manager – Real Assets (AXA IM Real Assets) where he oversaw all real estate activities for AXA IM Real Assets in Asia, including investment, transaction, fund and asset management, capital raising and finance. He has also held various executive positions in Pacific Star Fund Management Pte Ltd, Guthrie GTS Ltd, Phileoland Bhd and Kestral Capital Partners.

Mr Khoo holds a Master of Business Administration from Nanyang Technological University of Singapore, as well as Bachelor of Engineering (Honours) and Bachelor of Science degrees from University of Queensland, Australia. He is also a Chartered Accountant in Singapore.

Yiong Yim Ming
Group Chief Financial Officer
Ms Yiong Yim Ming was appointed CDL’s Chief Financial Officer in April 2016 and was re-designated to Group Chief Financial Officer on 1 February 2018.

An executive of the Company since 2007, she has extensive knowledge on CDL Group’s financial and operation matters, both domestically and overseas, covering property development, investment properties and hotels.

She has strong technical competencies, specialising in the real estate sector, harnessed through 12 years of audit experience. Prior to joining CDL, she served a 10-year stint in KPMG Singapore and a two-year engagement with Ernst & Young Singapore.

Ms Yiong is a Council Member of the Institute of Singapore Chartered Accountants and is also a Member of the Board of Trustees for the Singapore University of Social Sciences.

She holds a Bachelor of Accountancy degree from Nanyang Technological University.

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Goh Ann Nee

Chief Transformation Officer

Ms Goh Ann Nee joined CDL in November 2020 as Chief Transformation Officer, with a focus on supporting the Executive Chairman and its Group of companies in establishing, driving and executing the transformation strategies fundamental to the Group’s growth ambitions, and to enhance synergies, efficiencies and effectiveness to grow revenue and profitability for the Group.

Before joining CDL, she was CFO at Raffles Medical Group cum Deputy Managing Director for Raffles Medical Group – China Healthcare. Prior to that, Ms Goh served as CDL’s Chief Financial Officer (CFO) and was also Vice President (Finance) at Millennium & Copthorne International Limited.

As a Chartered Accountant and seasoned finance professional and commercial experience, Ms Goh graduated from the University of Glasgow and started her career with Coopers & Lybrand (now known as Pricewaterhouse Coopers) based in London. She had worked in several multinational companies throughout an illustrious career in international financial management. These included various sectors like healthcare, real estate, hospitality, insurance, chemicals, supply chain and logistics and process engineering industries, palm oil and edible oils commodities industries. She has worked in London, China, India, Vietnam, Brazil, South Africa and Russia. Ms Goh is a member of the Institute of Chartered Accountants in England and Wales, the Institute of Singapore Chartered Accountants and Fellow Member of CPA Australia. From 2009 to 2014, she was appointed by the Ministry of Finance to the Accounting Standards Council. She was also on the Advisory Council at the Fletcher School of Law & Diplomacy, GMAP (Boston, US) and served as a board member on the National Library Board between 2009 to 2015.

Yvonne Ong
Chief Executive Officer, Commercial
Ms Yvonne Ong joined CDL in June 2018 to head CDL’s Asset Management Division, which comprises the Leasing, Property & Facilities Management and Customer Service departments involved in the management of CDL’s Investment Properties. Ms Ong will lead the Division in spearheading asset management strategies to drive the performance of CDL’s global portfolio of office, retail, industrial and residential leased assets.

With over 20 years of experience in the real estate industry, Ms Ong has held various leadership roles in investment and asset management. Prior to joining CDL, she was the Head of Global Asset Management, Commercial in CapitaLand Limited, and was previously the Head of Real Estate at Cambridge Industrial Trust Management Limited, the Manager of Cambridge Industrial Trust (now ESR-REIT), where she was responsible for investment and asset management strategies and overseeing their property management team.

Ms Ong is a CFA charterholder and a Member of CFA Singapore. She has also been a Member of the Singapore Institute of Surveyors and Valuers since 1997 and has an Appraiser's Licence (Lands and Buildings) since 1996. She holds a Master of Science in Applied Finance from the Singapore Management University and Bachelor of Science (Estate Management) (Honours) from the National University of Singapore.

Lee Mei Ling

Executive Vice President

Head, Property Development

Ms Lee Mei Ling was appointed as Head of Property Development in June 2018, to lead the Property Development Division, which consolidates all departments involved in the development of CDL’s Singapore properties. Comprising the Projects & Property Management, Sales & Marketing and Customer Service units, the Division is responsible for the entire life-span of a development project, from advising on land tenders to innovating project design and construction, executing sales strategies and providing after-sales service.

An executive of the Company since 2004, Ms Lee was previously the Head of Sales & Marketing, where she was responsible for conceptualising and implementing the marketing and sales strategies for CDL’s residential projects.

Prior to joining CDL, Ms Lee was with First Capital Corporation Ltd (now known as GuocoLand Limited) for 10 years, leading their marketing and sales department. She holds a Bachelor of Science (Estate Management) (Honours) from the National University of Singapore.

Esther An

Chief Sustainability Officer

Ms Esther An joined CDL in 1995 to establish the Company’s Corporate Communications department and subsequently CDL’s Corporate Social Responsibility (CSR) portfolio. An active advocate for green building and sustainability for over two decades, she has been instrumental in building up CDL’s leadership in sustainability. A forerunner in CSR and embracing the UN Sustainable Development Goals (SDGs), she was conferred 2018 SDG Pioneer for Green Infrastructure and A Low Carbon Economy by the UN Global Compact.

She sits on the boards or advisory platforms of several organisations including the World Green Building Council, Global Reporting Initiative(GRI) and UNEP FI Real Estate Work Group. She chairs the Asia Pacific Real Estate Association’s Sustainability and ESG Committee and Co-Chairs the Urban Land Institute Singapore’s Sustainability Product Council.

Ivan Ng

Chief Technology Officer

Mr Ivan Ng joined CDL as Chief Technology Officer in 2016, with responsibility for the CDL Group’s Technology Strategy and Operations. He has over 20 years of experience in the IT industry with a track record in both business and IT management.

Prior to joining CDL, Mr Ng has held senior leadership positions in multi-nationals such as HP, Dell and ServiceNow, where he led their regional IT solutions and services business. He was also Chief Technology Officer of Pactera, a global IT Services Leader listed on NASDAQ, where he managed their Group IT, Quality and Security operations worldwide. Mr Ng has a deep appreciation of the Asia Pacific market, having worked in countries such as China, Japan, Indonesia and Singapore.

Mr Ng graduated from National University of Singapore with a Bachelor of Science, majoring in Computing and Information Systems.

Steven Tan

Chief Human Resource Officer

Mr Steven Tan joined CDL as Chief Human Resource Officer in July 2016. He has more than 20 years of human resource experience across the real estate, financial services, energy and semi-conductor industries.

Prior to joining CDL, he was the Vice President of Human Resource in CapitaLand and OCBC Bank. He had been credited for driving and implementing the full Human Resource Information System (HRIS) suite and shared services business model resulting in improving productivity. He had also put in place the necessary manpower, compensation and benefits scheme, policies and procedures to support the company’s rapid expansion plans. He holds a Bachelor of Science in Physics from National University of Singapore and a Master of Science in Human Resource Management from University of Bradford, UK.

As of 25 November 2020

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