Atrium REIT Managers announces the retirement of Mr. Chan Kum Chong, the Chief Executive Officer of the Manager on 31 August 2024 citing to pursue his personal interests and will be appointing Mr. Lee Hooi Hoong, the current Chief Financial Officer of the Manager as the Acting Chief Executive Officer with effect from 1 September 2024.
The group saod the appointment of Mr Lee to take over the responsibilities of the CEO will ensure a smooth leadership succession as he has been the Chief Financial Officer of the Manager since 2007. With his 30 years of experience in the areas of financial accounting and management, and other management responsibilities of the Manager he has assumed, the Board believes under his leadership Atrium REIT will continue to chart its long-term growth in distribution and Net Assets Value per unit.
Mr Lee will continue to oversee the functions of the finance department in addition to his new role as the Acting CEO. This will ensure a seamless transition and continuity of the Manager's leadership.
The Board said it accepts Mr Chan's retirement with a heavy heart for his 17 years of dedicated and committed service to Atrium REIT.
