SINGAPORE (EDGEPROP) - CapitaLand Investment (CLI) has announced the appointment of a new group COO and CFO, which will take effect from Jan 1, 2023.

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Current group CFO Andrew Lim will assume the newly created position of group COO, and will be succeeded by Paul Tham, who is currently deputy group CFO. Tham will oversee CLI’s finance, capital management and strategy.

CLI says that as group COO, Lim will play a “critical role” to facilitate and steward CLI’s deal sourcing, investment and operations in the various markets across its fund and lodging platforms. This will enable CLI to more effectively connect investors to various fund and REIT vehicles, in line with their investment mandates and interests.

Lim will also oversee the China business under the leadership of CLI China CEO Puah Tze Shyang, as well as CLI’s businesses in Japan, Korea, Australia, Europe and the US.

Across the group, Lim will also oversee the areas of sustainability, risk management and compliance across CLI.

Separately, CLI also announced three other newly created roles and appointments.

Janine Gui, who is currently managing director & head of group strategic investment, has been appointed chief M&A officer.

Furthermore, current CEO of China capital markets and CEO for finance and corporate services Kng Hwee Tin will be appointed group chief risk officer.

These are in addition to the appointment of chief people and culture officer Quah Ley Hoon, who joined CLI on Dec 1.