Jean Kam, incoming CEO of Mapletree Logistics Trust’s manager
The manager of Mapletree Logistics Trust has tapped the Singapore-listed REIT’s head of investment, Jean Kam, to serve as the next CEO.
Kam succeeds Ng Kiat, who is stepping down on 22 July to assume new responsibilities at sponsor Mapletree Investments, according to a filing with the Singapore Exchange. Ng is also resigning as executive director, with Kam set to fill the role as she joins the MLT board.
The changing of the guard comes after the $9.8 billion trust posted a 2.5 percent year-on-year drop in distribution per…
