SINGAPORE (Aug 29): CapitaLand has appointed its current group chief investment officer (CIO), Lee Chee Koon, to succeed Lim Ming Yan as president and group CEO with effect from 15 Sept.

Since Lee joined CapitaLand in 2007, he has held several positions within the group including CEO of The Ascott Limted, CapitaLand’s wholly-owned serviced residence business.

The announcement comes after news of Lim’s notice of retirement, which was given in June.

Read more on The Edge Singapore.