Key Management Personnel
Mr Sherman Kwek assumed his current role as CDL’s Group Chief Executive Officer (Group CEO) in January 2018, following his appointment as CEO-Designate on 11 August 2017. Since April 2016, he has also held the position of Executive Chairman of CDL China Limited.
Mr Kwek was previously Deputy CEO of CDL, during which he assisted in the management of the domestic operations in Singapore while also continuing to lead the investment team to source for new opportunities to grow the Group’s domestic and international portfolio, a role he has held ever since he was concurrently the Chief Investment Officer of CDL and CEO of CDL China Limited. He established a presence for the Group in China, Japan and Australia, obtaining prime sites in many key cities and investing in various platforms for innovation.
Before joining CDL, Mr Kwek has taken on various executive roles in companies both within the Hong Leong Group and in multinational corporations. 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. He has been serving as a Council Member of the Singapore Chinese Chamber of Commerce and Industry (SCCCI) since March 2013, where he is currently the Chairman of the Youth Business Affairs Committee and tasked with growing the youth chapter.
Mr Kwek is also a member of the Diversity Action Committee initiated by the Singapore Exchange Limited to promote greater gender diversity on the boards of listed companies.
Mr Chia Ngiang Hong joined CDL in 1981 and has over 35 years of experience in the real estate industry in Singapore and the region. A much-respected industry veteran, Mr Chia is a member of the Advisory Panel in the Building and Construction Authority Academy and Fellow of the Singapore Institute of Surveyors and Valuers. He is also Second Vice President of the Real Estate Developers’ Association of Singapore (REDAS), Board Member of the Institute of Real Estate Studies, and Immediate Past President of the Singapore Green Building Council. 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.
Mr Chia 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. 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.
Mr Kwek Eik Sheng joined CDL in 2009, covering Business Development for overseas projects before being appointed as Head of Corporate Development. He 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. He was appointed to the Board of Millennium & Copthorne Hotels plc in 2011 and holds the position of Non-Executive Director.
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.
Mr Frank Khoo joined CDL as Group Chief Investment Officer in February 2018. He will assist the Group CEO in the sourcing and execution of 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 management, 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.
He 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 Certified Public Accountant in Singapore.
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 the Group’s operations in property development, investment properties and hotels.
Ms Yiong 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 holds a Bachelor of Accountancy degree from Nanyang Technological University and is a member of the Institute of Singapore Chartered Accountants.
Mr Mark Yip was appointed as CDL’s Chief Marketing Officer in 2014, heading the Marketing & Sales, and Leasing operations of residential, retail and commercial spaces. On 1 February 2018, Mr Yip was re-designated Chief Revenue Officer, responsible for developing pricing strategies for CDL’s revenue-generation activities to maximise the Group’s income streams. He will also focus on driving integration and alignment across all divisions to ensure the effectiveness of the sales and leasing process and overall customer experience. In addition, Mr Yip is also CEO of CDL China Limited, an appointment held since April 2016. He oversees the management of the Group’s investments and development projects in China, as well as develop and implement the Group’s real estate investment and business strategies for China.
Mr Yip has a wealth of experience in management, sales, marketing and operations from a diverse range of industries including property, retail sports and fashion, transport, and supply chain and logistics. Before joining CDL, he was with Far East Organization as Deputy Director, focusing on planning and operations. Other senior management positions he has held include CEO of Royal Sporting House, Malaysia and Director of PUMA, Executive Director of CircleFreight, Brunei/ Eagle Global Logistics Corporation and General Manager of ComfortDelGro Bus.
Mr Yip holds a Bachelor and Master of Business and was recipient of the Logistics Management Group Prize from RMIT in Melbourne. He completed the Senior Executive Programme at London Business School and Asia Pacific Advanced Management Programme from the National University of Singapore.
Ms Esther An joined CDL in 1995 to establish the Company’s Corporate Communications department and subsequently CDL’s Corporate Social Responsibility (CSR) portfolio. She has been instrumental in building up CDL’s leadership in sustainability. A forerunner in CSR and a member of the management committee of Global Compact Network Singapore since 2005, she also sits on board the Corporate Advisory Board of World Green Building Council. A founding member of the Singapore Business Council for Sustainable Development, she is a signatory of the UN Caring for Climate initiative and a member of the Urban Land Institute Women’s Leadership Initiative Singapore Steering Committee. Her latest appointment includes the UN Environment Programme (UNEP) Finance Initiative Investor Work Group.
She holds a Bachelor of Arts (Honours) degree from the University of Hong Kong and has extensive experience in communications, advertising and community engagement, as well as media and investor relations, in both the public and private sectors before joining CDL.
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.
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.
Mr Daniel T’ng joined CDL in 2012 to head the PFM Division. He holds a Bachelor of Science degree in Estate Management (Honours) from Heriot-Watt University and two Master’s Degrees, one in Business Administration from the University of Adelaide (Australia) and another in Project Management from the National University of Singapore. He has over 30 years of experience in the property and facilities management industry in Singapore and the region. He also has extensive experience in managing strata-titled developments, lease management, project consultancy and general management, as well as business development. He is currently the Chairman of the Workplace Safety and Health Council’s Facilities Management Workgroup, and a member of the Workplace Safety and Health Council (Construction and Landscape) Committee.Back to top
Mr Ananda Arawwawela has a wealth of experience in hotel management spanning over 37 years in Singapore, Hong Kong, Fiji, China and the Middle East. Prior to joining CDL in 2013, he was the Managing Director of The St. Regis Singapore and Area Managing Director for Singapore, responsible for Starwood Hotels and Resorts’ operations in Singapore. Other senior regional positions in the hospitality industry he has held include Managing Director of Sheraton Hong Kong Hotel and Towers and Area Managing Director of Starwood Hotels and Resorts Hong Kong and Macau. Mr Arawwawela has also served as Chairman of the Hong Kong Hotels Association and Board Member of the Hong Kong Tourism Board.