Ascott Residence Trust Management Limited, manager of Ascott Residence Trust, has announced the appointment of Wee Chong Han as its new Deputy Chief Executive Officer, effective 5 July 2011.
According to the company, Wee will assist Chief Executive Chong Kee Hiong in enhancing the portfolio performance by supporting business development activities, as well as strategic capital and risk management for Ascott Reit.
Wee has more than 17 years of experience in the property industry. Before joining the company, he held various senior executive positions at Australand Property Group, the Australian Stock Exchange listed subsidiary of CapitaLand Limited. He last served Australand as General Manager for Risk, Acquisitions and Commercial Operations.
Meanwhile, Wee’s appointment is subject to the approval of the Monetary Authority of Singapore (MAS) as required under the Securities and Futures Act (Cap. 289).
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