MANAGEMENT EXECUTIVE COMMITTEE The Management Executive Committee (ExCo) comprises (from left): Kwek Eik Sheng, Sherman Kwek, Yiong Yim Ming and Chia Ngiang Hong SHERMAN KWEK Group Chief Executive Officer Mr Sherman Kwek assumed his role as CDL’s Group Chief Executive Officer (Group CEO) in January 2018 after serving as the CEO-designate from August 2017. He was appointed as an Executive Director in May 2019 and concurrently holds the position of Executive Chairman of CDL China Limited since April 2016. He has been spearheading the Group's expansion in China, Japan and Australia for over a decade and has been overseeing Singapore and the UK since 2018. Under his leadership, the Group embarked on a Growth, Enhancement and Transformation (GET) strategy to expand its local and international presence, enhance its existing portfolio, strengthen recurring income streams, develop a fund management business and enable significant transformation through strategic investments and innovation, 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, an Executive Director of HL Global Enterprises Limited and the Chief Operating Officer of 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 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. ANNUAL REPORT 2024 CORPORATE GOVERNANCE 31
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