Date of First Appointment as Director
1 December 2022
Length of Service as Director
(as at 31 December 2023)
1 year
Mr Sherman Kwek assumed his current role as Group Chief Executive Officer (“CEO”) of City Developments Limited (“CDL”) in January 2018. He was appointed as an Executive Director of CDL in May 2019 and also holds the position of Executive Chairman of CDL China Limited. Mr Kwek was previously the Deputy CEO and prior to that, concurrently the Chief Investment Officer of CDL and the CEO of CDL China Limited. He has been spearheading the CDL Group’s expansion in Singapore, China, Japan, Australia and the United Kingdom for over a decade.
Prior to joining CDL, Mr Kwek was the CEO of City e-Solutions Limited, a Hong Kong-listed company that was formerly a subsidiary of CDL Group, and before that, the Chief Operating Officer of Thakral Corporation Ltd. and an Executive Director of HL Global Enterprises Limited, both listed companies in Singapore. In the earlier part of his career, he had worked in technology venture capital, investment banking, hospitality management and real estate private equity.
Since 2019, Mr Kwek has served as a member of two subcommittees of Business China. In June 2020, he was appointed to the Board of Trustees of the Chinese Development Assistance Council, and in 2021, he was appointed as a member of the Property Committee of Singapore Health Services Pte Ltd (SingHealth). In 2022, he was appointed to the Board of the manager for Singapore-listed IREIT Global and appointed as a member of the Advisory Board for the National Youth Achievement Award. In October 2023, Mr Kwek was appointed to the Board of SingHealth and in January 2024, he was appointed as the Chairman of the Property Committee of SingHealth as well as a member of MOH Holdings’ Healthcare Infrastructure and Planning Committee.
Academic & Professional Qualifications
- Bachelor of Science in Business Administration, Boston University, majoring in Finance and Marketing with a minor in Psychology
Membership of Board Committee
Present Directorships in Other Listed Companies
- City Developments Limited
Present Principal Commitments (other than directorships in other listed companies)
- Group Chief Executive Officer of City Developments Limited
- Executive Chairman of CDL China Limited
Other appointments
- Business China FutureChina Committee (Member)
- Business China Go East Committee (Member)
- Chinese Development Assistance Council (Member of Board of Trustees)
- MOH Holdings’ Healthcare Infrastructure and Planning Committee (Member)
- National Youth Achievement Award (Member of Advisory Board)
- Singapore Health Services Pte Ltd (Non-executive director and Chairman of Property Committee)
Past Directorships and Chairmanship in Other Listed Companies held over the preceding three years