The 42-year-old will work with current chief financial officer Tan Siew Bee for a smooth transition ‘in the next few months’
[SINGAPORE] The manager of CapitaLand China Trust (CLCT) has appointed Yan Lintong as chief financial officer (CFO)-designate with effect from Oct 1.
The 42-year-old is set to succeed current CFO Tan Siew Bee, who has been in the role since 2010. CLCT’s manager said in a bourse filing on Friday (Sep 26) that Yan will work closely with Tan in the next few months for a smooth transition “in the next few months”.
“This is to allow for continuity in the role as they work together in the transition of responsibility,” the manager said, adding that Tan’s next appointment will be announced at a later date.
Prior to his appointment, Yan was director of finance and fund management at DEHK Capital. He had previously held several roles within the CapitaLand portfolio between 2012 and 2021, including as assistant vice-president for finance at the manager of CapitaLand Ascendas Reit.
Units of CLCT closed at S$0.785 on Friday, up 1.3 per cent or S$0.01, before the announcement.
