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Shangri-la Asia appoints new CEO, makes further senior moves.
Tuesday, 27th September 2016
Source : External source

Effective from 26 September 2016, Mr LIM Beng Chee has been appointed a Non-executive Director and with effect from 1 January 2017, he will be re-designated as an Executive Director and will assume the position of Chief Executive Officer of Shangri-La Asia Limited.

The Board announces the following changes:

a) With effect from 1 January 2017:

(i) Mr KUOK Khoon Chen will be re-designated as a Non-executive Director and will relinquish the positions of Chairman of the Board and Chief Executive Officer of Shangri-La Asia Limited; and
(ii) Ms KUOK Hui Kwong will assume the position of Chairman of the Board.

(b) With effect from 26 September 2016, Mr LIM Beng Chee has been appointed a Non executive Director and with effect from 1 January 2017, he will be re-designated as an Executive Director and will assume the position of Chief Executive Officer of Shangri-La Asia Limited.

Mr LIM Beng Chee
Mr LIM, aged 48, Singaporean, was appointed a Non-executive Director with effect from 26 September 2016 and will be re-designated as an Executive Director and appointed Chief Executive Officer of Shangri-La Asia Limited with effect from 1 January 2017.

Prior to the appointment to the Board, Mr LIM provided short-term consultancy services to the Group through WIND Group Pte Limited which is deemed to be wholly-owned by him. Mr LIM is currently a non-executive director and member of the audit committee of Changi Airports International Pte Limited, an executive director and the owner of WIND Group Pte Limited and a non-executive director of SCPG Holdings Co, Limited.

He was chief executive officer of CapitaLand Mall Asia Limited (formerly known as CapitaMalls Asia Limited), one of the largest shopping mall developers, owners and managers in Asia. Mr LIM has more than 15 years of experience in retail real estate investment, development, mall operations, asset management and fund management in Asia.

He holds an MBA (Accountancy) from the Nanyang Technological University, Singapore and a Bachelor’s degree in Physics (Hons) from the University of Oxford, United Kingdom.

(Source: HKEX)

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