Teo Joo Ling, Serena Chief Executive Officer Executive Non-Independent Director Ms Teo is an Executive Director on the Boards of the Managers and serves as a member of the Executive Committee. As Chief Executive Officer, she leads the overall strategic planning and implementation of the business, investment and operational strategies for CLAS. She oversees the investment, asset management, finance, investor relations and sustainability functions of the Managers. Ms Teo has over 25 years of experience spanning both private and public sectors. Prior to joining the Managers, she was with Ascendas Group for over 12 years, including more than five years in the managers of Ascendas REIT and Ascendas India Development Trust. In her most recent role, she was Head, Portfolio Management, where she was responsible for formulating and executing business strategies, and overseeing property management, lease management and asset enhancement initiatives for Ascendas REIT. Prior to that, Ms Teo held various positions including Head of Operations & Services, Head of Group Strategy Management and Vice President, Fund Management. Earlier in her career, she spent more than 10 years in the Singapore Economic Development Board, EDB Investments and Chartered Semiconductors. Ms Teo holds a Master in Business Administration from INSEAD and a Bachelor in Electrical and Electronic Engineering (Honours) from National University of Singapore. Kang Siew Fong Chief Financial Officer Ms Kang heads the finance team of the Managers and oversees all matters relating to financial management and reporting, accounting, risk management, treasury and capital management. She works closely with the investment and asset management team to drive acquisitions, divestments and annual business plans. She was a member of the pioneering team responsible for the listing of CLAS in 2006. Ms Kang has over 30 years of experience in the finance profession. Prior to joining the Managers, Ms Kang was with The Ascott Limited (Ascott) for over 13 years, where she held various leadership positions including Vice President, Finance and Vice President, Business Development and Planning. At Ascott, she was responsible for preparing group consolidated accounts and quarterly reports, coordinating with external auditors, and ensuring compliance with statutory regulations and financial reporting standards. She was also involved in mergers and acquisitions, implementation of financial policies and practices, budgeting and internal controls. Ms Kang holds a Bachelor of Accountancy degree from the National University of Singapore. She is also a Chartered Accountant of the Institute of Singapore Chartered Accountants. Lai Dongliang Head, Investment & Asset Management Mr Lai heads the investment and asset management functions of the Managers, where he oversees CLAS’ investments, divestments and asset enhancement initiatives. In his role, he also collaborates with internal and external stakeholders to maximise portfolio efficiency and financial performance. Mr Lai has over 15 years of experience in real estate investment and asset management. He has held several senior management positions with Keppel Ltd, AEW Capital Management (Asia) and others. In his most recent role as Head of Investments for Singapore at Keppel Ltd, he led the origination, underwriting and execution of transactions across various regions, including Singapore, Australia, Hong Kong and Indonesia. Mr Lai holds a Bachelor of Accountancy with First Class Honours from Nanyang Technological University, Singapore and is certified in Real Estate Investment Finance by Oxford Brookes University. Wong Xiao Fen Denise Head, Investor Relations and Sustainability Ms Wong heads the investor relations and sustainability functions of the Managers. She is responsible for providing strategic counsel to senior management and facilitating timely and effective communication with the investment community. In addition, she leads the sustainability efforts and reporting for CLAS. Ms Wong brings with her over 10 years of experience in investor relations for real estate investment trusts and fund managers, as well as construction and technology companies. She also has experience in asset management, wealth management and financial advisory. Ms Wong obtained her Bachelor of Business Management from the Singapore Management University, with majors in Finance (Wealth Management) and Marketing. She also holds the International Certificate in Investor Relations from the Investor Relations Society of UK and Certificate in ESG Investing by the CFA Institute. Seated: Serena Teo, Denise Wong Standing: Kang Siew Fong, Lai Dongliang Management Team 14 CapitaLand Ascott Trust
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