Frasers Centrepoint Asset Management Commercial Ltd (FCAMCL), manager of Frasers Commercial Trust, has announced that Low Chee Wah will step down as CEO of FCAMCL with effect from Dec 31. Jack Lam has been appointed CEO-designate with immediate effect. Lam will assume the CEO role on Jan 1, 2017.
Low will relinquish his current role to assume wider responsibilities at Frasers Centrepoint Ltd (FCL), parent company of FCAMCL, and will remain on the board of FCAMCL as a non-executive and non-independent director.
Lam has more than 20 years’ experience in the real estate industry including investment, asset management, advisory and research. He also has experience in real estate investment trust management since 2002. He joined FCL Group in 2006 and has held several senior management and leadership roles prior to this appointment. Since July 2011, he was general manager (investment and business development) in the commercial and Greater China division of FCL.
Lam will assume the CEO role on Jan 1, 2017.