The manager of Sasseur REIT has appointed Cecilia Tan Hong Lye as its new CEO.
Tan’s appointment will take effect from August 1. She will replace the REIT’s current CEO Anthony Ang, who will be retiring and stepping down from the position on July 31.
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The appointment comes as part of the succession planning for key management personnel, says the REIT in an SGX filing on May 21.
Tan, who is presently the senior strategic adviser to Vito Xu, the chairman of Sasseur Group, will relinquish this role before assuming her new appointment as CEO.