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Change - Announcement Of Appointment Of Mr Kevin Chee As CEO, Executive Non-Independent Director & Executive Committee Member

BackAug 28, 2017
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Aug 28, 2017 18:07
Status New
Announcement Sub Title Appointment of Mr Kevin Chee as CEO,Executive Non-Independent Director & Executive Committee Member
Announcement Reference SG170828OTHRSBY3
Submitted By (Co./ Ind. Name) Toh Su Jin Jason
Designation Company Secretary, CapitaLand Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below) Appointment of Mr Chee Tien Jin Kevin as Chief Executive Officer, Executive Non-Independent Director and Member of Executive Committee of CapitaLand Commercial Trust Management Limited ("CCTML").
Additional Details
Date Of Appointment 01/11/2017
Name Of Person Chee Tien Jin Kevin
Age 48
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Mr Chee will be appointed Chief Executive Officer of CCTML with effect from 1 Nov 2017.He is currently Deputy Chief Executive Officer of CCTML,a role he assumed on 1 Mar 2017.Before 1 Mar 2017,Mr Chee was Head,Asset Management of CCTML and Senior Vice President,Asset Management (Commercial) of CapitaLand Singapore.He has more than 15 years of real estate and finance experience that includes investment and asset management,fund management,project development and management as well as property management.Prior to taking over the asset management function at CCTML,he was with CapitaLand Mall Asia,the wholly owned shopping mall business unit of CapitaLand,as Country Head of India where he established the company's India retail development, investment and asset management platforms as well as managed the company-sponsored S$880 million private fund and other fund investments.Upon his return to Singapore,he was responsible for various group level strategic initiatives.Mr Chee holds a Bachelor of Business (Honors) from the Nanyang Technological University, Singapore.Based on Mr Chee's experience,qualifications and performance,the Board of CCTML has approved his appointment as Chief Executive Officer such appointment to take effect from 1 Nov 2017.The requisite regulatory approval for his appointment has been obtained.Ms Lynette Leong Chin Yee, the current Chief Executive Officer of CCTML,will assume another appointment within the CapitaLand Group,upon stepping down on 1 Nov 2017.
Whether appointment is executive, and if so, the area of responsibility The appointment is executive. Mr Chee will be responsible for managing all aspects of CapitaLand Commercial Trust's operational performance and business growth.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Executive Officer, Executive Non-Independent Director and Member of Executive Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Conflict of interests (including any competing business) None
Working experience and occupation(s) during the past 10 years March 2017 - Present
Deputy Chief Executive Officer, CapitaLand Commercial Trust Management Limited

June 2016 - February 2017
Head, Asset Management, CapitaLand Commercial Trust Management Limited and Senior Vice President, Asset Management (Commercial), CapitaLand Singapore Limited

February 2015 - May 2016
Head, Asset Management, CapitaLand Commercial Trust Management Limited

October 2013 - January 2015
Senior Vice President, Retail Management, CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited)

November 2009 - September 2013
Country Head, India, CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited)

January 2007 - November 2009
Senior Vice President, Asset Management, YTL Starhill Global REIT Management Limited
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) Yes
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 40,000 units in CapitaLand Commercial Trust (own name)
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years) Please see attached Appendix A
Present Nil
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? No
(c) Whether there is any unsatisfied judgment against him? No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? No
Any prior experience as a director of a listed company? No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company Mr Chee Tien Jin Kevin has no prior experience as a director of public listed companies and appropriate arrangements will be put in place to orientate him in being a director of a public listed company.

Attachments

  1. Appendix A (Size: 17,827 bytes)
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