Incoming CEO Tan was previously the manager of CapitaLand Malaysia Trust / Photo: CICT
Current CEO Tony Tan will cease to be an executive non-independent director of the company and a member of the EC. He will be appointed chief corporate officer of CapitaLand Development. Tan has served as CEO and executive director for CICT since 2017.
He led the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in 2020 to create CICT, Singapore’s largest listed REIT with a market capitalization of $15.5 billion.
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CICT's deputy CEO Tan was previously the CEO of the manager of CapitaLand Malaysia Trust since 2022, and the chief financial officer of the manager of CapitaLand India Trust . He was also formerly the Head of Corporate Finance & Treasury at Ascendas-Singbridge, which merged with CapitaLand in 2019.
