October 22, 2021

Lim Joo Lee appointed as new CFO of AIMS APAC REIT

He was formerly the manager of MNACT

Qinthara Fasya | 22 September 2021

Photo from Shenton Wire

AIMS APAC REIT said Friday that Lim Joo Lee would be named chief financial officer of the REIT’s management, since incumbent CFO Stella Yeak has resigned.

Lim, 42, formerly worked as a senior financial manager for Mapletree North Asia Commercial Trust’s management and KPMG LLP in Singapore and the United Kingdom, according to the REIT’s SGX filing. According to the REIT, she has experience in capital management, financial accounting and reporting, and assuring compliance.

Stella Yeak has tendered her resignation and will stand down as head of finance on October 31 and as corporate secretary on October 23, according to the REIT. According to the petition, Yeak, 46, is pursuing other interests.

On Wednesday, the REIT also announced the appointment of Russell Ng Keh Yang as CEO-designate, after the departure of existing CEO and Executive Director Koh Wee Lih to pursue other professional interests.

According to the filing, Ng, 40, will take over as CEO on November 29th, subject to regulatory clearances.

Source: Shenton Wire