Frasers Centrepoint Trust's manager names Richard Ng as CEO-designate

FRASERS Centrepoint Trust 's manager has named Richard Ng as chief executive officer-designate to take over the reins from Chew Tuan Chiong, who is retiring.

Frasers Centrepoint Asset Management , in a regulatory filing on Friday, announced the appointment of the 51-year-old Mr Ng as CEO-designate from Apr 15. Dr Chew will assume the role of adviser to Frasers Property when he retires on July 1. Mr Ng joined Frasers Property Singapore in April 2018 as executive vice-president, head of asset management, overseeing the planning and implementation of asset enhancement strategies for the retail assets in Frasers Property Singapore's portfolio. His experience in the Singapore and regional property markets spans across marketing, investment and asset management . He has held various senior management appointments, including a 14-year tenure with the CapitaLand Group.

"I am honoured to have the opportunity to join FCAM. I will endeavour to work with the board and the FCAM team to build on FCT's strong track record and help bring it to the next level," he said.Dr Chew had announced his intention at the annual general meeting to retire at 62 years of age after leading FCT since 2010.

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