CapitaLand Integrated Commercial Trust Appoints New CEO From May 1

Edge

03-17

The new chief, Tan Choon Siang, will also be appointed as an executive non-independent director and a member of the executive committee.

CapitaLand Integrated Commercial Trust (CICT) has made changes to the composition of its board with the appointment of Tan Choon Siang as CEO and current CEO Tony Tan as CCO of CapitaLand Development, according to a bourse filing on March 17.

Tan Choon Siang, who is currently the deputy CEO of the company will be appointed to the role of CEO and executive non-independent director of the company as from May 1, 2025. He will also be appointed as a member of the executive committee (EC).

Incoming CEO Tan was previously the manager of CapitaLand Malaysia Trust / Photo: CICT

Current CEO Tony Tan will cease to be an executive non-independent director of the company and a member of the EC. He will be appointed chief corporate officer of CapitaLand Development. Tan has served as CEO and executive director for CICT since 2017.

He led the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in 2020 to create CICT, Singapore’s largest listed REIT with a market capitalization of $15.5 billion.

CICT's deputy CEO Tan was previously the CEO of the manager of CapitaLand Malaysia Trust since 2022, and the chief financial officer of the manager of CapitaLand India Trust Cy6u. He was also formerly the Head of Corporate Finance & Treasury at Ascendas-Singbridge, which merged with CapitaLand in 2019.

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He will also be appointed as a member of the executive committee (EC). </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1d1dda6c7ca57646bcdf1602c59f942a\" tg-width=\"1254\" tg-height=\"1039\"/></p><p><em>Incoming CEO Tan was previously the manager of CapitaLand Malaysia Trust / Photo: CICT</em></p><p>Current CEO Tony Tan will cease to be an executive non-independent director of the company and a member of the EC. He will be appointed chief corporate officer of CapitaLand Development. Tan has served as CEO and executive director for CICT since 2017. </p><p>He led the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in 2020 to create CICT, Singapore’s largest listed REIT with a market capitalization of $15.5 billion. </p><p>CICT&#39;s deputy CEO Tan was previously the CEO of the manager of CapitaLand Malaysia Trust since 2022, and the chief financial officer of the manager of CapitaLand India Trust <code>Cy6u</code>. He was also formerly the Head of Corporate Finance &amp; Treasury at Ascendas-Singbridge, which merged with CapitaLand in 2019.</p></body></html>","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CapitaLand Integrated Commercial Trust Appoints New CEO From May 1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaLand Integrated Commercial Trust Appoints New CEO From May 1\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Edge</strong><span class=\"h-time small\">2025-03-17 10:52</span>\n</p>\n</h4>\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ea7278688f00b10af1f1bdf043c5a76f\" tg-width=\"1198\" tg-height=\"669\"/></p><p> The new chief, Tan Choon Siang, will also be appointed as an executive non-independent director and a member of the executive committee.</p><p>CapitaLand Integrated Commercial Trust (CICT) has made changes to the composition of its board with the appointment of Tan Choon Siang as CEO and current CEO Tony Tan as CCO of CapitaLand Development, according to a bourse filing on March 17. </p><p>Tan Choon Siang, who is currently the deputy CEO of the company will be appointed to the role of CEO and executive non-independent director of the company as from May 1, 2025. He will also be appointed as a member of the executive committee (EC). </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1d1dda6c7ca57646bcdf1602c59f942a\" tg-width=\"1254\" tg-height=\"1039\"/></p><p><em>Incoming CEO Tan was previously the manager of CapitaLand Malaysia Trust / Photo: CICT</em></p><p>Current CEO Tony Tan will cease to be an executive non-independent director of the company and a member of the EC. He will be appointed chief corporate officer of CapitaLand Development. Tan has served as CEO and executive director for CICT since 2017. </p><p>He led the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in 2020 to create CICT, Singapore’s largest listed REIT with a market capitalization of $15.5 billion. </p><p>CICT&#39;s deputy CEO Tan was previously the CEO of the manager of CapitaLand Malaysia Trust since 2022, and the chief financial officer of the manager of CapitaLand India Trust <code>Cy6u</code>. He was also formerly the Head of Corporate Finance &amp; Treasury at Ascendas-Singbridge, which merged with CapitaLand in 2019.</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/new-appointments/capitaland-integrated-commercial-trust-appoints-new-ceo-may-1?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Edge</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.theedgesingapore.com/news/new-appointments/capitaland-integrated-commercial-trust-appoints-new-ceo-may-1?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2520680802","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520680802","pubTimestamp":1742179946,"columns":[{"name":"高層變動","id":29,"label_key":"executive"}],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The new chief, Tan Choon Siang, will also be appointed as an executive non-independent director and a member of the executive committee. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"凯德综合商业信托5月1日起任命新首席执行官","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C38U.SI":0.9},"content_text":"The new chief, Tan Choon Siang, will also be appointed as an executive non-independent director and a member of the executive committee.CapitaLand Integrated Commercial Trust (CICT) has made changes to the composition of its board with the appointment of Tan Choon Siang as CEO and current CEO Tony Tan as CCO of CapitaLand Development, according to a bourse filing on March 17. Tan Choon Siang, who is currently the deputy CEO of the company will be appointed to the role of CEO and executive non-independent director of the company as from May 1, 2025. He will also be appointed as a member of the executive committee (EC). Incoming CEO Tan was previously the manager of CapitaLand Malaysia Trust / Photo: CICTCurrent CEO Tony Tan will cease to be an executive non-independent director of the company and a member of the EC. He will be appointed chief corporate officer of CapitaLand Development. Tan has served as CEO and executive director for CICT since 2017. He led the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in 2020 to create CICT, Singapore’s largest listed REIT with a market capitalization of $15.5 billion. CICT's deputy CEO Tan was previously the CEO of the manager of CapitaLand Malaysia Trust since 2022, and the chief financial officer of the manager of CapitaLand India Trust Cy6u. He was also formerly the Head of Corporate Finance & Treasury at Ascendas-Singbridge, which merged with CapitaLand in 2019.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}