SINGAPORE (EDGEPROP) - AIMS APAC REIT Management has announced that its executive director and CEO, Koh Wee Lih, has tendered his resignation and will step down on Nov 28, 2021. AIMS APAC REIT Management is the manager of AIMS APAC REIT (AA Reit). Koh has been with the Reit manager since December 2008 and as its CEO since 2014.

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The board of the Reit manager has appointed Russell Ng as CEO-designate with immediate effect, and he will assume the role of CEO of AIMS APAC REIT Management on Nov 29, subject to the obtaining of relevant regulatory approval.

Before his appointment as CEO-designate, Ng was the head of investor relations, investments & partnerships of AA Reit. He was responsible for the fund’s investment activities, strengthening investor relationships, and developing new capital and business partnerships.

Ng has also held senior fund management and investment roles with Lendlease, AEP Investment Management, and Soilbuild Business Space REIT.