AIMS APAC REIT manager taps Russell Ng to be new CEO as Koh Wee Lih steps down

AIMS APAC REIT, or AA REIT, building at 51 Marsiling Road, Singapore, which is leased to Beyonics.AIMS APAC REIT, or AA REIT, building at 51 Marsiling Road, Singapore, which is leased to Beyonics.

AIMS APAC REIT Management has appointed Russell Ng Keh Yang as CEO-designate after current CEO and Executive Director Koh Wee Lih submitted his resignation to pursue other professional interests, the manager of AIMS APAC REIT said in a filing to SGX Wednesday.

Ng, age 40, will assume the role of CEO on 29 November, subject to regulatory approvals, the filing said.

Previously, Ng was head of investor relations, investments and partnerships at the manager, taking responsibility for the REIT’s investment activities, developing new capital and business partnerships, the filing said.

Prior to joining the manager of AIMS APAC REIT, also known as AA REIT, Ng held senior fund management and investment roles with Lendlease, AEP Investment Management and Soilbuild Business Space REIT, the filing said.

Koh, age 49, had been CEO since early 2014, the REIT’s manager said.