MANAGEMENT
TEAM
LEADERSHIP STRUCTURE
VINCENT YEO WEE ENG
Chief Executive Officer
Mr Yeo is also the Executive Director of the H-REIT Manager
and the HBT Trustee-Manager and his profile can be found
under the "Board of Directors" section on page 36 of the
Annual Report.
ANNIE GAN
Chief Financial Officer
Ms Gan is responsible for CDLHT’s financial and capital
management functions. She oversees all matters involving
finance and accounting, treasury, taxation, compliance and
fund management, ensuring the alignment with CDLHT’s
investment strategy while focusing on optimising revenue
and investment returns.
Ms Gan has more than 26 years of diverse experience in
financial management, treasury, mergers and acquisitions,
taxation and corporate advisory as well as in-depth
knowledge of the hospitality, property development and
property investment industries. Prior to joining the H-REIT
Manager and the HBT Trustee-Manager, Ms Gan was the
Group Financial Controller of the public-listed company,
Orchard Parade Holdings Limited ("OPHL"), a subsidiary of
Far East Organisation Pte Ltd. She also served as a Director
of all the subsidiaries of OPHL, primarily responsible for the
stewardship of the subsidiaries’ affairs and advising on new
investment opportunities.
Ms Gan was also previously with PricewaterhouseCoopers,
Singapore as Senior Audit Manager, where she was
responsible for due diligence and acquisition audits, profit
forecast reviews and the statutory audits of several public-
listed companies and large multinational corporations.
Ms Gan is a Chartered Accountant with the Institute of
Singapore Chartered Accountants and a Fellow of Certified
Public Accountants of Australia and holds a Bachelor of
Commerce from The Australian National University.
DAVID LING
Head, Strategic Development
Mr Ling is responsible for origination of strategic investment
opportunities from the regional and international markets
for H-REIT. His role includes identifying and securing value
propositions, covering both single assets and portfolios,
with the objective of growing the long term income and
capital value of H-REIT investment holdings. His role is
also to expand the network of hospitality relationships for
H-REIT to gain access to greater deal flow.
Mr Ling has 26 years of diverse hospitality and real estate
experience in markets across Asia Pacific and Europe, and
established relationships with major institutional and private
investment houses, brokerage firms and financial institutions.
His passion and entrepreneurial spirit drove him to establish
and manage four new offices of HVS Hospitality Services in
Asia Pacific between 2004 and 2014 as its Chairman and
Managing Director, as well as pioneered and chaired the
largest and most influential hotel investment conference
in mainland China – the annual China Hotel Investment
Conference.
Mr Ling speaks regularly at international conferences and
lectures at Universities and industry seminars. He served on
the international board of HVS from 2005 to 2013 and the
Hotel Licensing Board of Singapore from 2011 to 2014.
Graduated with a Master in Urban Land Appraisal from
University of Reading, United Kingdom, and a Bachelor
of Business (Distinction) in Valuation and Land Economy
from Curtin University in Australia, Mr Ling is a member
of the Australian Property Institute, Singapore Institute of
Surveyors and Valuers and a Licensed Appraiser registered
with the Inland Revenue Authority of Singapore.
PAUL KITAMURA
Head, Asset Management
Mr Kitamura is responsible for CDLHT’s asset management
function which involves performance monitoring and value
enhancement across the portfolio.
Earlier, he operated his own hospitality consultancy and
served as Senior Vice President of asset management for
GIC Real Estate. He was responsible for the fund’s Asia-
Pacific hospitality portfolio which comprises assets such
as the Westin Tokyo, Shangri-La Sydney and Park Hyatt
Melbourne, a portfolio of serviced apartments in Japan and
a retail portfolio in Australia. During the 2008/09 global
downturn, he successfully drove fast-track cost efficiency
initiatives and led the brand conversion of the 1,053-room
Hilton Fukuoka.
His hotel experience includes leading IHG’s efforts in Japan
as country head from 2002-2008, securing exclusivity with
ANA Airlines to form a JV partnership for a 50-property
chain in Japan. During this period, deal flow increased
200% including signing of the 600-room Crowne Plaza Kobe
and successful extension of the group’s presence in Tokyo,
Yokohama, Kyoto and Nagasaki. Operationally, he led IHG’s
business in Japan through a brand portfolio covering 10
cities which includes Tokyo, Yokohama and Kyoto.
Mr Kitamura also held senior Asia Pacific brand
management and marketing positions within IHG in Hong
Kong and Singapore. He started his career with Mandarin
Oriental Hotel Group where he spent 10 years in a variety
of sales & marketing roles at the property, regional and
corporate levels.
Mr Kitamura holds a Master of Business Administration
from the Chicago Booth Graduate School of Business and
a Bachelor of Science degree in Hotel Administration from
Cornell University.
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