A Chinese sovereign wealth fund is leading Mingtiandi’s review of personnel transfers from across Asia, following news this week that CIC’s head of infrastructure has resigned from the Beijing-based organization. He also lists the new CFO of Singapore’s Elite Commercial REIT and top-level moves at Goldman Sachs’ Japan business.
china investment corporation Losing the person responsible for infrastructure investment Meetao According to media reports, he recently resigned from his position at a mainland Chinese sovereign wealth fund. Mi He has been with CIC since 2010, building the agency’s infrastructure division. The UC Irvine graduate worked at Ernst & Young in New York and his KPMG in the Chinese capital before joining his CIC in Beijing.
manager of Elite Commercial REIT It was announced on November 23 that he had been appointed. michael tong mencheong From the same day, he assumed the position of Chief Financial Officer. Tong replaces Joel Cheah Zhuo Yue, who resigned in August. Mr Tong joins the SGX Listed Trust after spending over 11 years with Lendlease in Singapore. He has been the Director of Finance covering Singapore and the rest of Asia since 2019.
goldman sachs president of japan Masanori Mochida He plans to retire at the end of this year after nearly 40 years at the U.S. investment bank, according to a Reuters report last week citing an internal memo. The bank has not yet formally announced new management for its Japan operations, with Mochida said to remain with the company as a senior director. It was previously reported that Mochida would leave Goldman next year, and the bank was said to be keen to establish new leadership as competition intensifies in Asia’s second-largest economy.
raymond fok I participated chinachem group According to his latest information on LinkedIn, he works in Hong Kong as a director of the CEO office of a privately held developer. Mr Fok started his new role this month after more than three years with San Hung Kai Properties in the city, where he most recently worked as general manager leading the development company’s neighborhood retail portfolio. Mr Fok also has experience with AEON Orchard in San Hung Kai, a joint venture with Singapore’s CapitaLand.
manager of Maple Tree Industrial Trust It was announced on November 21st. michael smith will step down from his position with his sponsor, Mapletree Investments, and will resign as a director of the SGX-listed REIT. Mr Smith will retire from the trust’s board on November 30, after being appointed chief executive of Hong Kong Land last week. He previously served as head of Mapletree’s U.S. and European operations.
US data center REIT Equinix Last week, it was announced that the appointment team tat in Based in Kuala Lumpur, he was appointed as Managing Director of IT Malaysia business. Equinix, which recently announced that it will build data centers in the Kuala Lumpur region and Johor state near Singapore, said the team, which has previously worked with technology companies such as EMC, Sun Microsystems and Nortel Networks, will He said he will lead the company’s expansion.
CapitaLand Ascot Trust Management The appointment was announced on November 22nd. Max Lo Kum Wai He will assume the role of non-executive independent director of the board from the following day. Mr Low, now 61, will also join the board of CapitaLand Ascot Business Trust Management, which is jointly managed by two divisions of the CapitaLand Group. Mr. Low served as his partner managing Singapore from 2011 until 2022 when he was Ernst & Young.
giant of industry Prologis announced earlier this month that it had appointed Carter Andrus (pictured) as its new chief operating officer as part of a leadership shakeup. As part of the same set of appointments, Joseph Ghazal will assume the role of chief investment officer and Susan Uthayakumar, chief energy and sustainability officer, will join the company’s executive committee. Current COO Gary Anderson will move to senior advisor on January 1st.
If you know of other Asian real estate professionals who are changing jobs, getting promoted, or doing something exciting, please contact us here at Mingtiandi.