For finance and real estate veteran David Snyder, the best piece of advice — one that resonated with him throughout his career — was given by his father when he was a teenager living in Singapore.
“A principle my dad had learnt and thought worked best in building a team was to give away all the credit and to take all of the blame,” recalls Snyder, CEO and CIO of the manager of SGX-listed Keppel Pacific Oak US REIT (KORE). “While I don’t do this perfectly, I have tried to make this my guiding principle and found it invaluable.”
“For the success that KORE has achieved, while I may have made some contributions, more often than not, it’s because our finance team, our asset management team, our leasing team and our property management team have all done a great job. If we make mistakes, more often than not, it will be because of poor communication or an oversight on my part,” he notes.