The manager of Keppel REIT K71U has appointed Sebastian Song as its new CFO effective Oct 30, succeeding Kang Leng Hui who is stepping down on Oct 27 to pursue other opportunities.
Song joined Keppel REIT Management in 2015 and has been the financial controller of the manager since 2020. His core responsibilities included group reporting and taxation, financial accounting, compliance, annual budgeting and quarterly forecasting. Prior to joining the Manager in 2015, he was a senior audit manager with EY.
“With his deep knowledge and experience in the REIT, I am confident that [Song] will be able to build on the strong foundations in place as we continue to grow Keppel REIT’s portfolio to generate stable income and deliver sustainable long-term total return to our unitholders,” says Koh Wee Lih, CEO of the manager.
Units in Keppel REIT closed 1 cent lower or 1.13% down on Sept 26 at 87 cents.