The manager of Lendlease Global Commercial REIT (LREIT) has appointed Ng Hsueh Ling as its new chairman effective June 1.
She will take over from outgoing chairman Anthony Peter Lombardo, who commences his new role as the Lendlease group CEO and managing director on the same day. Lombardo will remain on the board as a non-executive and non-independent director of the manager.
Ng has been the managing director, Singapore, and chief investment officer, Asia at Lendlease since August 2017. She is also the key executive officer of Lendlease Retail. In these roles, she is instrumental in driving the growth of Lendlease’s Asia Investment Management business platform, where she manages the growth strategy for Asia’s investment management portfolio, which includes creating access and pathways into new funds, REITs and assets.