Ascott names Lee Chee Koon as chief executive

ASCOTT has appointed deputy CEO and managing director for North Asia, Lee Chee Koon, as the new CEO with effect from June 1, 2013.

Lee will relinquish both his current appointments and will succeed Chong Kee Hiong, who has resigned to pursue other opportunities. He will also replace Chong as a non-independent non-executive director from the Board of Ascott Residence Trust Management Limited (ARTML), the manager of Ascott Residence Trust, subject to approval from the Monetary Authority of Singapore (MAS).

Before joining Ascott in 2009 as its managing director for China, Lee was vice president in the office of the president at CapitaLand. Prior to joining CapitaLand in 2007, he held appointments in various ministries such as the Ministry of Trade and Industry, Ministry of Finance and the MAS.

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