The Company

City Developments Limited: The Company - Senior Management

Senior Management

Kwek Leng Beng

Executive Chairman

Appointed as a Director and Executive Chairman of City Developments Limited (CDL) on 1 October 1969 and 1 January 1995 respectively, Mr Kwek was last re-appointed as a Director on 23 April 2014 pursuant to Section 153(6) of the Companies Act, Chapter 50 (Section 153(6)). He also sits on the Nominating Committee (NC) of CDL.

Mr Kwek is the non-executive Chairman of Hong Leong Asia Ltd. (HLA) and Millennium & Copthorne Hotels plc (M&C). He is also the Chairman and Managing Director of Hong Leong Finance Limited (HLF) and City e-Solutions Limited (CES) and the Executive Chairman of Hong Leong Investment Holdings Pte. Ltd., the immediate and ultimate holding company of CDL.

Mr Kwek holds a law degree, LL.B (London) and is also a fellow of The Institute of Chartered Secretaries and Administrators. He has extensive experience in the finance business, having grown from day one with the original Hong Leong Finance Limited which has since merged its finance business with Singapore Finance Limited (now known as HLF). He also has vast experience in the real estate business, the hotel industry as well as the trading and manufacturing business.

Mr Kwek’s other appointments include being a member of the East Asia Council of INSEAD since its inception in 2003, a board member of the Singapore Hotel Association and a Fellow of the Singapore Institute of Directors. He was also conferred an Honorary Doctorate of Business Administration in Hospitality from Johnson & Wales University (Rhode Island, US) and an Honorary Doctorate from Oxford Brookes University (UK).

At the Securities Investors Association Singapore (SIAS) Investors’ Choice Awards in October 2012, Mr Kwek together with Mr Kwek Leng Joo, emerged joint winners as "Partners in the Office of the CEO" in the Brendan Wood International – SIAS TopGun CEO Designation Award. This Award was accorded to CEOs who are best in class rated by shareholders.

Mr Kwek was presented the inaugural Real Estate Developers’ Association of Singapore (REDAS) Lifetime Achievement Award in February 2014, which was introduced to honour a pioneering group of real estate industry leaders in Singapore.

In February 2015, Mr Kwek was also presented the Singapore Chinese Chamber of Commerce & Industry (SCCCI) SG50 Outstanding Chinese Business Pioneers Award. The award honours the Republic’s outstanding Chinese business pioneers and their exemplary contributions to nation-building.


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Kwek Leng Joo

Deputy Chairman

Appointed as a Director of CDL on 8 February 1980, Mr Kwek assumed the position of Deputy Managing Director in 1987 and held the role of CDL’s Managing Director from January 1995 until his appointment as Deputy Chairman on 17 February 2014. Mr Kwek was last re-elected as a Director on 23 April 2014. He is also the Chairman of CDL’s Corporate Social Responsibility & Corporate Governance (CSR-CGC). He is an Executive Director of CES and a non-executive Director of HLF.

Mr Kwek holds a Diploma in Financial Management and has extensive experience in property development and investment. Mr Kwek contributes actively to the business and civic communities through many public appointments. He served as the President of SCCCI from 1993-1997 and 2001-2005 and is currently an Honorary President of SCCCI. He is the Chairman of the Board of Trustees of the National Youth Achievement Award Council, co-Chairman of the International Panel of Experts on Construction Productivity & Prefabrication Technology, Trustee of The Duke of Edinburgh's International Award Foundation, and a member of the Board of Trustees of Nanyang Technological University. He is also a member of the Singapore Management University’s Master of Tri-sector Collaboration Advisory Group, the Climate Change Network, Marina Bay Public Art Advisory Panel and the National Productivity and Continuing Education Council, as well as an Honorary Fellow of the Society of Project Managers and a Fellow of the Singapore Institute of Directors. He was also appointed a Justice of the Peace by the President of the Republic of Singapore in 2013.

Mr Kwek has been a dedicated advocate of CSR for over two decades, and his vision has established CDL’s reputation as a leading green building champion and a forerunner in CSR, raising the bar for Singapore’s real estate industry and driving change for the building sector. To raise the importance of CSR in the business community in Singapore, Mr Kwek was elected the President of Singapore Compact for CSR, which is the national CSR society and local network for the United Nations (UN) Global Compact.

Mr Kwek emerged joint winners together with Mr Kwek Leng Beng, as "Partners in the Office of the CEO" in the Brendan Wood International – SIAS TopGun CEO Designation Award given out at the SIAS Investors’ Choice Awards in October 2012. This Award is accorded to CEOs who are best in class as rated by shareholders.


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Grant L. Kelley

Chief Executive Officer

Mr Grant L. Kelley was appointed as CDL’s Chief Executive Officer (CEO) on 17 February 2014. He has 25 years of global experience in corporate strategy, private equity and real estate investment.

Mr Kelley commenced his career in 1989 at Booz Allen & Hamilton, advising CEOs of major listed companies in the financial services, natural resources and healthcare industries. Before his CDL appointment, Mr Kelley was the Co-head of Asia Pacific for Apollo Global Management, and also led their real estate investment activities in the region.

In 2008, Mr Kelley founded Holdfast Capital Limited, an Asian-based real estate investment firm, which was acquired by Apollo in 2010. From 2004 to 2008, he was the CEO of Colony Capital Asia where he guided the strategic planning, acquisition and asset management activities of Colony in Asia.

From 2002 to 2004, he was based in New York, where he was a Principal at Colony with responsibility for the identification of US investment opportunities.

He holds a Bachelor of Laws degree from the University of Adelaide, a Master’s degree in International Relations from the London School of Economics, and an M.B.A. from the Harvard Business School.


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Chia Ngiang Hong

Group General Manager

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. He holds a Bachelor of Science in Estate Management (Honours) from the University of Singapore and a Masters in Business Administration with distinction from University of Hull, UK. Mr Chia is a Fellow of the Singapore Institute of Surveyors & Valuers (SISV) and the current First Vice President of Real Estate Developers’ Association of Singapore (REDAS).

A much-respected contributor to the real estate industry of Singapore, Mr Chia is currently the President of the Singapore Green Building Council (SGBC) and also sits on the Advisory Panel in the Building and Construction Authority (BCA) Academy. He chairs the Consultative Committee to the Department of Real Estate at National University of Singapore (NUS). He is a Board Member of the Institute of Real Estate Studies, NUS and serves as a member of the NUS SDE School Advisory Committee. He is a Certified Property Manager with the Institute of Real Estate Management (USA).


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Goh Ann Nee

Chief Financial Officer

Ms Goh Ann Nee was appointed as CDL’s Chief Financial Officer in 2005. Prior to that, she was Vice President (Finance) at Millennium & Copthorne International Limited. A Chartered Accountant, Ms Goh graduated from the University of Glasgow and started her career with Coopers & Lybrand (now known as Pricewaterhouse Coopers) based in London.

She has worked in several multinational companies over the course of an illustrious career in international financial management. 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. She has also been appointed as Chairman of the Audit Committee and Board Member of the Singapore National Library Board.

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Sherman Kwek

Chief Investment Officer

Mr Sherman Kwek was appointed as CDL’s Chief Investment Officer on 14 April 2014 to focus on growing the Group’s overseas investment portfolio. He is also concurrently the CEO of CDL China Limited, a wholly-owned subsidiary of CDL, where he has been spearheading the expansion since August 2010, and has helped the Group to obtain prime sites in Shanghai, Suzhou and Chongqing.

Prior to this, Mr Kwek has taken on various executive management roles in companies both within the Hong Leong Group and in multinational corporations. He has over 15 years of international experience in the areas of investments, mergers and acquisitions, real estate and hospitality, 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.


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Kwek Eik Sheng

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. He assumed his current role as Chief Strategy Officer on 14 April 2014. Prior to that, 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 MPhil in Finance from Judge Business School, Cambridge University.


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Tan Seng Chee
CITPM (Senior)

Chief Information Officer

Mr Tan Seng Chee was appointed as CDL’s Chief Information Officer in 2000 and re-designated as Chief Technology Officer in 2014. Trained as an engineer, he has more than 30 years of experience in the IT industry, working with many diverse applications and systems in both in-house IT departments and IT vendor environment. He graduated from the University of Singapore with a Bachelor of Engineering (Mechanical) and a Master of Science (Industrial Engineering), and has a post graduate diploma in Computer Science from the British Computer Society. He has also served on the editorial advisory board of the MIS Asia magazine and the Raffles Institution IT advisory committee.


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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. She has been instrumental in building up CDL’s leadership in sustainability. A forerunner in CSR and a member of the management committee of Singapore Compact for CSR since 2005, Ms An was listed as one of the Global Sustain Ability 100 leaders since 2011, an international listing of noteworthy achievers who are making an impact in sustainability on behalf of their organisations. She holds a Bachelor of Arts (Honours) degree from the University of Hong Kong and has over 20 years of experience in corporate and community communications, advertising as well as media and investor relations, in both the public and private sectors.


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Mark Yip

Chief Marketing Officer

Mr Mark Yip was appointed as CDL's Chief Marketing Officer on 9 June 2014. He 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’s of Business and was recipient of the Logistics Management Group Prize from RMIT in Melbourne. He has also completed the Senior Executive Programme at London Business School.


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Anthony Chia

Executive Vice President (Projects)

Mr Anthony Chia has been directing the Department on all projects and was instrumental in key developments such as South Beach, W Singapore – Sentosa Cove, Quayside Isle and the Pasir Ris masterplan. Graduating from Harvard, he has extensive experience in planning, architecture and construction, in both the public and private sectors, having previously headed departments in the Urban Redevelopment Authority (URA) and the Housing and Development Board. He is active in various URA and BCA panels and is a former member of the Board of Architects Singapore. He has been awarded the Public Service Administration medal and the Ministry of National Development Medallion for his contributions. Following his service with the Singapore government, he relocated to Hong Kong, completing several large commercial and residential projects before returning home.


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Daniel T’ng

Executive Vice President, Property & Facilities Management (PFM)

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 the other 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.


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Ananda Arawwawela

Executive Vice President, Hotel Assets Management

Mr Ananda Arawwawela has a wealth of experience in hotel management spanning over 36 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.


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Organisation Chart

As at 9 June 2014