Current CEO Koh Wee Lih will become managing director of business development at Keppel
KEPPEL Reit’s manager on Friday (Nov 1) announced that Chua Hsien Yang will be appointed as its chief executive from Jan 1, 2025.
The manager of the real estate investment trust (Reit) said its current chief executive, Koh Wee Lih, will step down on Dec 31, 2024, and take on the role of managing director of business development at Keppel.
Chua joined Keppel in 2008 and is currently its managing director and head of mergers and acquisitions.
Before that, he was the chief executive of Keppel DC Reit Management, from the listing of the trust in 2014 until 2021.
Keppel Reit units fell 0.6 per cent or S$0.005 to S$0.895 on Friday, before the news.
