Ng Kee Choe will retire as chairman and director of CapitaLand at the conclusion of its next annual general meeting (AGM) scheduled for April 2021.
Miguel Ko, currently deputy chairman of CapitaLand, will succeed Choe as chairman. Ko has been deputy chairman and a non-executive, non-independent director of CapitaLand since August 2019. Ko will serve as non-executive and non-independent chairman of CapitaLand.
Ng joined the CapitaLand board in April 2010 and became chairman in May 2012. Ng has made long-lasting contributions to CapitaLand, overseeing the laying of a firm foundation for CapitaLand to achieve sustainable and stable financial growth and performance while entrenching sound corporate governance practices and embracing sustainability as a corporate value.
Ko is currently non-executive deputy chairman of CLA Real Estate Holdings Pte Ltd. He was CEO of CLA from June 2019 to Oct. 31, 2020. Ko was also the founding group CEO of the former Ascendas-Singbrid