The Manager

Board of Directors

Mr Ketut Budi Wijaya
Chairman, Non-Independent Non-Executive Director

Mr Ketut Budi Wijaya was appointed to the Board on 1 June 2015. He is a member of the Nominating and Remumeration Committee.

Mr Wijaya has more than 20 years of in-depth expertise in accounting and corporate finance.

During his career, Mr Wijaya held various executive and supervisory positions within the Lippo Group, including PT Matahari Putra Prima Tbk, PT Multipolar Tbk and PT Bank Lippo Tbk. He had also previously worked for Darmawan & Co. Public Accountants and PT Bridgestone Tire Indonesia.

Mr Wijaya is currently a Non-Executive Director of Bowsprit Capital Corporation Limited (as manager of First REIT). He is also the President Director of PT Lippo Karawaci Tbk, the largest listed property company in Indonesia by total assets and revenue with a highly focused, unique and integrated business model stretching across urban and large-scale integrated developments, retail malls, healthcare, hospitality, property and portfolio management. He is also the President Commissioner of PT Gowa Makassar Tourism Development Tbk, Vice President Commissioner of PT Lippo Cikarang Tbk, as well as the Commissioner of PT Jababeka Tbk and other subsidiaries of the Lippo Group.

Mr Wijaya accompanied his accountancy study in Sekolah Tinggi Ekonomi Indonesia in 1982.

Ms Chan Lie Leng
Executive Director and Chief Executive Officer

Ms Chan Lie Leng was first appointed as a Non-Executive Director of the Manager on 22 April 2016 and re-designated to Executive Director on 1 January 2017. On 16 March 2017, she assumed the position of Chief Executive Officer.

She brings with her more than 25 years of banking and corporate finance experience, including over seven years at management level. She was previously the General Manager of the Labuan Branch of Raiffeisen Bank International AG, a leading corporate and investment bank in Austria as well as Central and Eastern Europe, from November 2011 to October 2015. Prior to that, she was General Manager of Raiffeisen Bank International AG, Singapore Branch, from November 2008 to October 2011. She joined Raiffeisen Bank International AG as part of the pioneer batch of its offshore branch operations in Singapore in June 1998 and during her time there, oversaw a staff strength of 150 persons. Her responsibilities included running full branch operations with a loan book size of more than USD2 billion, including real estate and real estate-related financing transactions in Singapore, Indonesia and other overseas transactions.

Ms Chan has also gained corporate experience, having served as Deputy General Manager of Corporate Affairs for Envoi Impex Pte Ltd from September 1996 to February 1998, where her key responsibilities included heading the Finance & HR Departments and to set up a new division to oversee the corporate matters of both local and overseas subsidiaries in USA, Australia, Taiwan and Malaysia. She was also responsible for restructuring the group's borrowings and implementing sound corporate policies for the group. Ms Chan has held roles in ABN-AMRO Bank N.V., Singapore Branch, Bank of Hawaii, Singapore Branch, Nippon Credit Bank Ltd, Singapore Branch and DBS Bank, where she has gained extensive experience in corporate banking, loan syndications, project financing, credit administration and marketing, covering a portfolio of diverse companies in various industries. She began her career with DBS Bank in April 1988.

She graduated with a Bachelor of Science (Honours) from National University of Singapore in 1988, majoring in Mathematics.

Mr Douglas Chew
Lead Independent Director

Mr Douglas Chew was appointed to the Board on 4 August 2011. He is the Chairman of the Nominating and Remuneration Committee and a member of the Audit and Risk Committee.

Mr Chew is currently a board member of the board of governors of SymAsia Singapore Fund, part of SymAsia Foundation Ltd (SymAsia). SymAsia is an umbrella philanthropic foundation which is a wholly owned subsidiary of Credit Suisse. He is also a member of the Investment Review Committee of SymAsia.

He has served from January 2010 to February 2012 as the Regional Manager for the Asia-Pacific Regional Office of Raiffeisen Bank International AG (formely known as RZB-Austria) with responsibilities for risk management, financial controlling, compliance, audit and human resources. He was appointed to the board of Bowsprit Capital Corporation Limited (the manager of First REIT) as an Alternate Director from October 2009 to February 2012.

With extensive experience in general management, business strategies and risk management stretching back as far as 1977, he kick started his career in 1977 as a Credit Officer in ABN Bank, where he looked into credit analysis and evaluation. Thereafter, Mr Chew was an Account Manager at the Bank of Montreal from 1979 to 1984, where he was responsible for the development and maintenance of a sound and profitable loan portfolio. From 1984 onwards, Mr Chew served as a Manager of the Michigan-based Chemical Bank in Singapore where he was responsible for business development of corporate and trade businesses. In 1988, he was appointed as the Assistant General Manager of Banque Worms where he oversaw the business strategy and management of risks in the Singapore Branch. He served as the General Manager of RZB-Austria Singapore Branch and was involved in the bank's general management from 1997 to 2005.

Mr Chew holds a degree in Bachelor of Business Administration from the National University of Singapore.

Mr Lee Soo Hoon, Phillip
Independent Director

Mr Lee Soo Hoon, Phillip was appointed to the Board on 4 August 2011. He is the Chairman of the Audit and Risk Committee.

Mr Lee is the Managing Director of Phillip Lee Management Consultants Pte Ltd. He also serves as an Independent Director of a number of companies listed on the Singapore Stock Exchange and on the Malaysian Stock Exchange including IPC Corporation Ltd and CSE Global Limited. Prior to this, he was a Partner at Ernst & Young from 1978 to 1997. Mr Lee's areas of experience included audit, investigations, reorganisations, valuations and liquidations.

Mr Lee is a Chartered Accountant of the Institute of Chartered Accountants in England and Wales. He is also a member of the Institute of Singapore Chartered Accountants, the Malaysian Institute of Certified Public Accountants, the Malaysian Institute of Accountants and Singapore Institute of Directors.

He has received awards for his community work, including the UK Order of St John in 1998, the Singapore Public Medal in 1998 and the Singapore Public Service Star in 2007.

Mr Goh Tiam Lock
Independent Director

Mr Goh Tiam Lock was appointed to the Board on 27 September 2011. He is a member of the Audit and Risk Committee and Nominating and Remuneration Committee.

Mr Goh is currently the Managing Director of Lock Property Consultants Pte. Ltd., a position he has held since setting up the practice in 1993. The firm has an estate agent licence for which Mr Goh is the Key Executive Officer. Besides estate agency, Mr Goh also advises clients on real estate taxation, development and management.

Mr Goh is a member of the Strata Titles Boards, a position he has held since 1999. He is also a Fellow of the Royal Institution of Chartered Surveyors, a Fellow of the Singapore Institute of Surveyors & Valuers and its President from 1986 to 1987, as well as a Fellow of the Singapore Institute of Arbitrators and its Vice President from 1985 to 1987.

Mr Goh held the position of Property Manager in Supreme Holdings Ltd. before joining Jones Lang Wootton as a senior executive in 1974. In 1976, he became a partner in MH Goh, Tan & Partners, the legacy firm of Colliers International, and retired from the firm in 1991.

He was actively involved in community work, holding positions such as Chairman of the Singapore Chinese Chamber of Commerce & Industry Property Management Sub-committee from 1987 to 1989, the Chairman of the Marine Parade Community Club Management Committee from 1984 to 2001, and Master Mediator at the Marine Parade Community Mediation Centre. He is now a Patron of the Marine Parade Community Club Management Committee.

Mr Goh has received awards in recognition of his contribution to Singapore, including the Pingkat Bakti Masyarakat (Public Service Medal) (PBM) in 1988 and the Bintang Bakti Masyarakat (Public Service Star) (BBM) in 1997.

He is an Independent Non-Executive Director of Bowsprit Capital Corporation Limited, the manager of First REIT.