LMIRT Management, the manager of Lippo Malls Indonesia Retail Trust (LMIRT) said Tuesday it tapped Liew Chee Seng James as its new CEO, with current CEO Gouw Vi Ven to step down, effective 1 May.
“This is part of our succession planning process and we are pleased to have James assuming the role as the new CEO,” Ketut Budi Wijaya, chairman of the REIT manager, said in a statement filed to SGX.
Gouw, age 64, will remain as an executive director on the board to provide strategic counsel and guidance, LMIRT said in the filing.
In October 2018, Liew was appointed deputy CEO and provided support to Gouw in managing daily operations, LMIRT said.
“With his stellar background in both the finance and real estate industries, Mr. Liew has played a pivotal role in the past one year in managing the operations and the capital structure of LMIR Trust,” the statement said.
Previously, Liew was senior director of corporate finance and asset enhancement at Lippo Group from September 2015 to May 2018, where he worked on real estate projects in Indonesia, LMIRT said.