Paul Tham, CEO of Keppel REIT Management, has announced plans to step down from his role as leader of the firm on Oct. 20 to pursue other opportunities.
The board is currently evaluating potential CEO candidates, and an announcement on the successor will follow in due course. In the meantime, Shirley Ng, deputy CEO and head of investment at Keppel REIT, will step into the role of acting CEO. Ng will work closely with the board and management team on key strategic and operational issues during the leadership transition.
“On behalf of the board, I would like to express our appreciation to Paul for his contributions to Keppel REIT,” said Penny Goh, chairman of the firm. “With strong support from Keppel Capital and Keppel Land, the management team, led by Paul, has done well in executing Keppel REIT’s active portfolio optimization strategy over the last few years. These efforts have put Keppel REIT in a stronger position to deliver sustainable total returns to unit
