CapitaLand announces new executive appointments

CapitaLand announces new executive appointments

CapitaLand has announced key executive appointments in its core markets of Singapore and Vietnam as part of its on-going leadership development and renewal process. Tan Yew Chin will assume the role of CEO, CapitaLand Singapore from 1 July 2020. Ronald Tay will be appointed CEO, CapitaLand Vietnam from 1 July 2020.

Tan Yew Chin is currently CEO, Business Park & Commercial, CapitaLand Singapore, Malaysia & Indonesia.  In his new expanded role, Tan will be responsible for CapitaLand’s retail, residential and workspace (including commercial and business park) businesses in Singapore.  He will also be appointed as a member of the CapitaLand Executive Committee. 

Tan has more than 30 years of experience in the field of real estate management.  Prior to joining CapitaLand in July 2019, he was CEO, Singapore & South East Asia, Ascendas-Singbridge (ASB), overseeing investment and development management and asset management in Singapore, Malaysia, Indonesia and Vietnam.

Ronald Tay is currently CEO, Residential & Retail, CapitaLand Singapore, Malaysia & Indonesia. Tay takes over from Chen Lian Pang, who will be retiring from CapitaLand.  In his new role, Tay will focus on growing the overall business in Vietnam, including identifying investment and development opportunities.  

Tay has been with CapitaLand since 2001 and has an all-rounded understanding of the Group’s business, from capital market, development, investment to asset management.  Before his current role, Mr Tay was CEO, Ascott Residence Trust Management Limited.  Mr Tay will continue to oversee ongoing development projects in Malaysia and Indonesia.