Board of Directors
Mr CHIANG Chie Foo
Mr Chiang was appointed Independent Director on 1st April 2016. He was subsequently appointed Chairman of the Board of Directors on 8th July 2016.
Mr Chiang retired in September 2013, after an illustrious career with the Singapore civil service spanning 32 years. He has held numerous leadership positions within the civil service, including in the Ministry of Home Affairs, Ministry of Education, Prime Minister’s Office and Ministry of Defence.
Mr Chiang was previously Chairman of Rowsley Ltd. He is currently Chairman of the Central Provident Fund Board and PUB, Singapore’s National Water Agency, and Senior Advisor to the Ministry of Defence. He is also a Director of Lee Kuan Yew Exchange Fellowship and Valencia Club de Fútbol and an Independent Director of ComfortDelGro Corporation Limited. He serves as a Member of the Asia Pacific Breweries Foundation’s Board of Trustees and the Epworth Management Committee of the Epworth Community Services.
Mr Chiang holds a Bachelor of Electronic Engineering (First Class Honours) from the University of Western Australia and a Master in Public Administration from the Harvard University.
Mr Manohar KHIATANI
Mr Khiatani was appointed Non-Executive Director on 1st June 2013. He was subsequently appointed Deputy Chairman on 8th July 2016.
Mr Khiatani is the Senior Executive Director of CapitaLand Group. Mr Khiatani’s responsibilities include assisting the Group CEO in matters relating to organisation integration, group-wide initiatives as well as the India and business/industrial parks businesses. He also oversees the Group Centre of Excellence for Customer Services & Solutions. Mr Khiatani is a member of the CapitaLand Executive Committee. Concurrent with his CapitaLand’s responsibilities, Mr Khiatani is Special Advisor to the Chairman of Singapore Economic Development Board (EDB).
Prior to joining CapitaLand in July 2019, he was the Deputy Group CEO of Ascendas-Singbridge. Before joining Ascendas in 2013, he served as the CEO of JTC Corporation (JTC), the Singapore government’s lead agency to plan, promote and develop industrial infrastructure and facilities. At JTC, he spearheaded the development of specialised infrastructure solutions for various sectors and positioned the organisation as an industrial infrastructure innovator.
Prior to joining JTC in 2009, Mr Khiatani was the Deputy Managing Director at the Singapore Economic Development Board (EDB). He joined the EDB in 1986 where he played an instrumental role in the development and transformation of important sectors in Singapore’s economy such as aerospace, marine and offshore, electronics, precision engineering, logistics, infocomms and media, and clean technology. He was also in charge of the EDB’s operations in the Americas and Europe.
Between 1994 and 1999, Mr Khiatani was the Managing Director of Preussag SEA, a diversified German conglomerate, where he was responsible for developing the group’s business in South East Asia. He returned to the EDB in 1999.
Mr Khiatani is a Board Member of several companies listed on the Singapore Stock Exchange. This includes Ascendas Funds Management (S) Limited (the manager of the Singapore-listed Ascendas Real Estate Investment Trust), Ascendas Property Fund Trustee Pte Ltd (the trustee-manager of the Singapore-listed Ascendas India Trust) and SIA Engineering Company Ltd. Mr Khiatani is also the President of EDB Society and sits on various business and government committees.
Mr Khiatani’s previous Board Directorships include JTC Corporation, Jurong International, Jurong Port, SPRING Singapore and Media Development Authority.
He holds a Master in Naval Architecture from the University of Hamburg, Germany. He also attended the Advanced Management Program at the Harvard Business School in 2006.
Mr Sanjeev DASGUPTA
Mr Dasgupta was appointed Executive Director and Chief Executive Officer on 1st October 2014.
Sanjeev has around 25 years of experience in the areas of real estate fund management, corporate finance, strategy and financial control. Immediately prior to joining Ascendas, he was working as President of Real Estate at ICICI Venture Funds Mgmt. Co. Ltd., a leading private equity fund manager in India. In that role, Sanjeev was responsible for investments and portfolio management of the Real Estate funds of around USD 600 million. His key achievements included creation of a real estate structured investment product and a managed account platform through which he led investments in Mumbai, NCR and Bangalore. He also played a key role in significant performance improvements of certain assets through changes in the development mix, cost reduction, refinancing and other initiatives. Prior to joining ICICI Venture, Sanjeev managed real estate investments of around USD 430 million as Managing Director at Future Capital Real Estate, a leading real estate development oriented fund manager. He led several landmark investments in metros such as Mumbai and Bangalore and in high growth tier 2 cities.
Sanjeev's prior work experience included stints with organisations such as Tata Group and Merrill Lynch across India, Hong Kong and London. Sanjeev is a qualified chartered accountant, graduate company secretary and holds a Master of Business Administration from London Business School.
Mr Alan Rupert NISBET
Mr Nisbet was appointed Independent Director on 30th September 2015. He was subsequently appointed Lead Independent Director on 24th January 2019.
Prior to his retirement after a 38-year international career with Deloitte in 2011, Mr Nisbet was the leader of Audit & Assurance Services for Deloitte Southeast Asia with responsibilities for the overall audit and assurance operations, business development and quality control. Whilst at Deloitte, he also established the Deloitte Enterprise Risk Service (ERS) function in Singapore and led that practice division for four years and was responsible for the delivery of Corporate Governance, Risk Management, Internal Audit and IT Security services. He has worked in Australia, the United States and the Asia Pacific region and has experience in multiple industries including energy and resources, aviation and transport services, manufacturing, life sciences and healthcare, and real estate.
Mr Nisbet is an Independent Director of Standard Chartered Bank (Singapore) Limited, KrisEnergy Ltd and Keppel REIT Management Limited (Manager of Keppel REIT), and the Lead Independent Director of Halcyon Agri Corporation Limited. He is also a Director of several private companies in Singapore.
Mr Nisbet holds a Diploma in Business Studies, Accounting from the Caulfield Institute of Technology, Melbourne. He is a Member of the Institute of Singapore Chartered Accountants.
Mrs Zia MODY
Mrs Mody was appointed Independent Director on 1st February 2018.
Mrs Mody is the Founder and Senior Partner of top Indian law firm, AZB & Partners. She stands widely respected as one of India’s top corporate lawyers and has advised several International and Indian clients in significant M&A transactions. Among her many awards, she has received “India Managing Partner of the Year”, “India’s 10 Most Powerful Women” and “Asia’s 50 Power Businesswomen”. She is hailed as one of the ‘Market Leading Lawyers’ in the fields of Corporate Mergers & Acquisition, Banking & Finance, Private Equity and Investment Funds.
Mrs Mody is the Deputy Chairman of the Board and a Member of the Risk Committee of The Hongkong and Shanghai Banking Corporation Limited (Asia-Pacific Board), and an Independent Non-Executive Director and a Member of Human Resources & Remuneration Committee of the Board of CLP Holdings Limited (listed on the Stock Exchange of Hong Kong). She also serves as a Director of London Court of International Arbitration (India) Private Limited, Non-Executive Director of Cambridge India Research Foundation, Non-Executive Member of ICCA Foundation, Inc. (the Governing Board), and Non-Executive Trustee of Observer Research Foundation. In addition, she is a director on the board of a few family-owned unlisted companies.
Mrs Mody holds a Bachelor of Laws from the University of Cambridge and a Master of Laws from the Harvard University. She is admitted to the New York State Bar and the Bar Council of Maharashtra and Goa.
Dr Ernest KAN Yaw Kiong
Dr Kan was appointed Independent Director on 20th November 2020.
Prior to his appointment, Dr Kan was, until early Nov 2020, the Chief Advisor (Capital Markets China) at SGX. He is past President of the Institute of Singapore Chartered Accountants (2009 – 2014), past Council Member of the ASEAN Federation of Accountants and was a board member of the International Federation of Accountants (IFAC). He was a Resource Panel Member of the Government Parliamentary Committee (Ministry of Finance and Ministry of Trade & Industry) and is currently a member of Appeal Advisory Panel (Monetary Authority of Singapore).
Dr Kan is a former senior partner at Deloitte in Singapore with more than 30 years of professional experience in Singapore, Southeast Asia, Asia Pacific and UK/Europe. He is also a former Board Member of Deloitte Global Chinese Services Group. In his professional roles, he was Financial Advisor to several companies with operations in the Asia Pacific region including China, Taiwan, Hong Kong and Indonesia regarding re-organisation, restructuring and public listing on the Singapore Exchange including the first foreign REITs (Fortune REIT) in Singapore and the more recent REITs including Cromwell. Dr Kan also performed acquisition and due diligence reviews of companies in Asia Pacific.
Dr Kan is a Chartered Accountant (FCA) of the Institute of Chartered Accountants in England & Wales, a Chartered Certified Accountant (FCCA) of the Association of Chartered Certified Accountants UK, a CPA of CPA Australia and he holds a PhD in Business Administration, a Master of Philosophy degree and a Bachelor of Art degree in Accountancy Studies.
Ms TAN Soon Neo, Jessica
Ms Tan was appointed Independent Director on 20th November 2020.
Ms Tan is currently Director, Group Commercial of Raffles Medical Group Ltd., where she plays an instrumental role in driving growth strategies, providing quality healthcare, and building partnerships with corporate clients and industry partners. Ms Tan is also a member of Parliament, East Coast GRC and Deputy Speaker of Parliament. She was with Microsoft from 2003 to 2016, where she was Managing Director, Microsoft Operations, and held other positions in Singapore and the Asia Pacific region. Prior to joining Microsoft, Ms Tan held several senior positions in her 14-year stint with IBM from 1989 to 2003 including Director, Networking Services.
Ms Tan has more than 30 years of professional and leadership experience and is a board member in several public and private organisations. Ms Tan is a non-executive independent director of SATS Ltd. She also serves as a non-executive director of Changi Health Fund (Ltd.) and RM Network Pte. Ltd. Concurrently, Ms Tan is also Chairman of Nanyang Polytechnic Information Technology (Advisory Committee), Vice Chairman of Nanyang Polytechnic (Board of Governors), Member of The School of Information Systems at Singapore Management University (Board of Advisors), Board Member and President of Netball Singapore, Chairman of East Coast Town Council, and Member of Finance, Trade & Industry and Communication & Information Parliamentary Committees. Ms Tan was a non-executive independent director of CapitaLand Commercial Trust Management Limited (the Manager of CapitaLand Commercial Trust).
Ms Tan holds a Bachelor of Social Sciences (Honours) from the National University of Singapore and a Bachelor of Arts from the National University of Singapore.
Mr Jonathan YAP
Mr Yap was appointed Non-Executive Director on 8th July 2016.
Mr Jonathan Yap is the President, CapitaLand Financial of CapitaLand Group, reporting to the Group Chief Executive Officer (CEO). Mr Yap oversees the Group’s real estate investment trusts and business trusts, as well as private and third-party funds. He also oversees the Group’s India business. Mr Yap is a member of the CapitaLand Executive Committee. Concurrent with his CapitaLand’s responsibilities, Mr Yap is also President of REIT Association of Singapore (REITAS).
Prior to joining CapitaLand in July 2019, Mr Yap was the Group Chief Operating Officer (COO) and Group Chief Financial Officer (CFO) of Ascendas-Singbridge. As Group COO, Mr Yap oversaw the Ascendas-Singbridge's operations in Korea and expansion in new markets. He also worked closely with the teams involved in the Group's new businesses. In the capacity of Group CFO, Mr Yap supervised the finance, corporate strategy and development, and enterprise risk management functions of Ascendas-Singbridge Group.
Mr Yap was Chief Investment Officer and Head of Real Estate Funds, both roles which he performed since the formation of Ascendas-Singbridge and before his appointment as Group CFO and Group COO in 2017 and 2018 respectively.
Mr Yap was CEO, India from 2010 to 2015, CEO, India Funds from 2007 to 2014 and CEO, India Operations from 2004 to 2007. During which, he led the listing of the award-winning Ascendas India Trust on the Singapore Exchange. He was also Assistant Group CEO for Overseas Funds & India of Ascendas Pte Ltd from 2012 to 2015.
Prior to joining Ascendas, Mr Yap was with the Australian Securities Exchange-listed Lend Lease Corporation from 1997 to 2004. He last held the concurrent positions of Investment Director of its Asia business, and Deputy Fund Manager of Asia Pacific Investment Companies I and II. During his term, he was based in Singapore and Australia, and held regional investment, asset and development management roles. From 1992 to 1997, Mr Yap was with Tan Chong Realty (the real estate arm of Hong Kong Stock Exchange-listed Tan Chong Group) and Inland Revenue Authority of Singapore, where he held positions in asset management, property development and valuation.
Mr Yap graduated from the National University of Singapore with a Bachelor of Science in Estate Management (Honours). He also holds a Master of Science in Project Management, National University of Singapore.