The Manager

Board of Directors

ESR-REIT's Board of Directors come from a wide range of backgrounds and offer a broad knowledge base. Together, they determine ESR-REIT's strategy and direct its performance.

Ms. Stefanie Yuen Thio
Independent Chairperson

Independent Chairperson
Member of the Audit, Risk Management and Compliance Committee

Date of appointment as Director : 29 March 2019

Ms. Stefanie Yuen Thio is the Joint Managing Partner of TSMP Law Corporation and heads its corporate practice. Admitted to the Singapore Bar in 1994, she has over 27 years of legal experience in mergers and acquisitions, equity capital markets, corporate transactions and regulatory advice. Her clients range from listed corporates to international companies, including in the logistics industry and REITs. She is regularly named by legal journals as a leading practitioner in her areas of specialisation.

Prior to her appointment, she served on the board of ARA Trust Management (CACHE) Limited, manager of Cache Logistics Trust for 9 years. She is currently an Independent Non-Executive Director of ARA Business Trust Management (USH) Pte Ltd, the manager of ARA US Hospitality Trust (BT Trustee Manager), and Independent Non-Executive Director of ARA Trust Management (USH) Pte Ltd, the manager of ARA US Hospitality Property Trust (REIT Manager) and chairs its audit committee, and an Independent Director of Singapore Medical Group Limited. Ms. Yuen Thio was appointed by the Monetary Authority of Singapore to the Corporate Governance Council 2017 to review the Code of Corporate Governance and is a Fellow of the Singapore Institute of Directors. From 2014 to 2017, she was a member of the Expert Panel, Centre for Cross-Border Commercial Law in Asia. She was also a member of the Singapore Governance and Transparency Index Advisory Panel from June 2016 to May 2018. Ms. Yuen Thio is a director of the Community Foundation of Singapore, an Institution of Public Character that promotes philanthropy in Singapore.

Ms. Yuen Thio holds a Bachelor of Law from The National University of Singapore. She is also an Advocate and Solicitor of The Supreme Court of Singapore.

Mr. Ooi Eng Peng
Non-Executive Deputy Chairman

Chairman of the Executive Committee
Member of the Audit, Risk Management and Compliance Committee
Member of the Nominating and Remuneration Committee

Date of appointment as Director : 27 July 2012
Date of last re-appointment as Director : 27 July 2015

Mr. Ooi has over 33 years of real estate experience in property investment, development, project management and fund investment, and management businesses in both Asia and Australia. Mr. Ooi was previously the CEO of Lend Lease Asia, based in Singapore from 2010 to 2011. From 2006 to 2010, he was the CEO of Investment Management and Retail Asia for Lend Lease based in Singapore. Prior to his roles in Asia, he was regional Chief Financial Officer ("CFO") of Lend Lease Communities Asia Pacific (2003 to 2005), Global CFO of Lend Lease Investment Management (2002 to 2003) and CFO of Lend Lease Development (2000 to 2002), all based in Sydney.

Mr. Ooi holds a Bachelor of Commerce from the University of New South Wales and is a member of the Certified Practising Accountants of Australia.

Mr. Khor Un-Hun
Independent Non-Executive Director

Chairman of the Audit, Risk Management and
Compliance Committee

Date of appointment as Director : 6 June 2020

Mr Khor Un-Hun was previously the CEO of Keppel Infrastructure Fund Management Pte Ltd, Trustee Manager of Keppel Infrastructure Trust from May 2014 to June 2018, and concurrently Director, Group Mergers and Acquisitions in Keppel Corporation Limited from October 2016 to June 2018.

Prior to joining Keppel, Mr Khor spent most of his career in banking, during which he was involved in a wide range of mergers and acquisitions, financial advisory, capital markets and debt transactions across different sectors throughout Asia. He held various positions in the corporate finance teams of Deutsche Bank and ING Bank in Singapore and Hong Kong before becoming Managing Director and Head of Corporate Finance, Asia at ING Bank, where he oversaw the origination and execution of corporate finance transactions in the region.

Mr Khor holds a degree of Bachelor of Accountancy (First Class Honours) from Nanyang Technological University, Singapore.

Dr. Leong Horn Kee
Independent Non-Executive Director

Member of the Audit, Risk Management and Compliance Committee

Date of appointment as Director : 8 January 2019

Dr. Leong is the Chairman of CapitalCorp Partners Pte Ltd, a boutique corporate finance advisory company, which he founded in 2009. He was previously with the Far East Organization group from 1993 to 2008, serving as Managing Director of Orchard Parade Holdings Limited, Managing Director and Chief Executive Officer of Yeo Hiap Seng Ltd, and Executive Director of Far East Organization, where he was closely involved in the property development and management, including industrial properties. From 1977 to 1983, Dr Leong served in the Ministry of Finance and Ministry of Trade and Industry. He was a Member of Parliament for 22 years until 2006. He was also the Non-Resident Ambassador to Mexico from 2006 to February 2013. He is currently the Non-Resident High Commissioner to Cyprus since July 2014 and Non-Resident Ambassador to Argentina since September 2020.

Dr. Leong holds a Production Engineering (First Class Honours) degree from Loughborough University; an Economics Honours degree from London University, a Bachelor of Arts degree in Chinese Language and Literature from Beijing Normal University; a Master of Business Administration from INSEAD; a Master of Business Research degree and a Doctor of Business Administration from the University of Western Australia. He was a Colombo Plan Scholar and a French Government Scholarship holder.

Mr. Ronald Lim
Independent Non-Executive Director

Member of the Audit, Risk Management and Compliance Committee
Chairman of the Nominating and Remuneration Committee

Date of appointment as Director : 8 January 2019

Mr. Lim has more than 36 years of experience in the banking and finance industry. Mr. Lim was with United Overseas Bank Ltd (UOB) from March 1973 to November 2009 where he last held the appointment of Executive Director and Division Head of Commercial Banking in which the Bank is a leader in the SMEs market. Prior to the above and during his tenure with UOB, Mr. Lim had also held leadership appointments as Head of Human Resource and Head of Branches Division where he was involved in the management and development of human capital, its delivery channels and banking services. From November 2009 to October 2011, Mr. Lim was an Adviser to RGE Pte Ltd, a resource-based manufacturing group in the paper and pulp, palm oil and the oil and gas industries.

Mr. Lim holds a Bachelor of Social Science from the University of Singapore (currently known as the National University of Singapore).

Mr. Ooi Eng Peng
Non-Executive Deputy Chairman

Chairman of the Executive Committee
Member of the Audit, Risk Management and Compliance Committee
Member of the Nominating and Remuneration Committee

Date of appointment as Director : 27 July 2012
Date of last re-appointment as Director : 27 July 2015

Mr. Ooi has over 33 years of real estate experience in property investment, development, project management and fund investment, and management businesses in both Asia and Australia. Mr. Ooi was previously the CEO of Lend Lease Asia, based in Singapore from 2010 to 2011. From 2006 to 2010, he was the CEO of Investment Management and Retail Asia for Lend Lease based in Singapore. Prior to his roles in Asia, he was regional Chief Financial Officer ("CFO") of Lend Lease Communities Asia Pacific (2003 to 2005), Global CFO of Lend Lease Investment Management (2002 to 2003) and CFO of Lend Lease Development (2000 to 2002), all based in Sydney.

Mr. Ooi holds a Bachelor of Commerce from the University of New South Wales and is a member of the Certified Practising Accountants of Australia.

Mr. Jeffrey Perlman
Non-Executive Director

Non-Executive Director
Member of Nominating and Remuneration Committee
Member of Executive Committee

Date of appointment as Director : 18 January 2017

Mr. Perlman is based in Singapore, joined Warburg Pincus in 2006 and leads the firm’s investments in Southeast Asia. Additionally, Mr. Perlman focuses on real estate investments across the greater Asia- Pacific region. Prior to joining Warburg Pincus, he worked in the Real Estate Investment Banking Group at Credit Suisse.

He currently serves as the Chairman of ESR Cayman Limited (1821.HK) and also serves on the Board of Directors for ESR Cayman Limited, ESR Funds Management (ESR REIT), ARA Asset Management Holdings, Gojek, Lodgis Hospitality Holdings, Mofang Apartments, Nova Property Investment, NWP Retail, Trax Technology Solutions, Online Pajak, Momo, Weave Co-Living Cayman Limited, Asia Self Storage, Circles Asia Cayman Limited, and Princeton Digital Group Limited.

Mr. Perlman holds a Bachelor of Business Administration (BBA) from the Ross School of Business, University of Michigan.

Mr. Philip Pearce
Non-Executive Director

Non-Executive Director
Member of the Executive Committee

Date of appointment as Director : 5 April 2017

Mr. Pearce has extensive real estate experience in the Asia Pacific Region. He is currently the CEO of ESR Australia where he has been responsible for the establishment of the Group’s Australian Business. Prior to joining ESR, he established the Goodman Group’s business in China, as Managing Director, Greater China where he was responsible for US$5 billion of assets across Hong Kong and China. Mr. Pearce was a Director on the board of the Goodman Group from 1 January 2013 until July 2016.

Mr. Pearce was seconded to Ascendas-MGM Pte Ltd the manager of Ascendas Real Estate Investment Trust from October 2002 to July 2006 where he held the position of portfolio manager.

Prior to joining Goodman Mr. Pearce held various roles at AMP Henderson Global Investors in Sydney including valuation, asset management and fund management.

Mr. Pearce holds a Bachelor of Commerce (Land Economy) from the Western Sydney University and a Graduate Diploma in Applied Finance from the Australian Securities Institute. He is also a member of the Australian Institute of Company Directors.

Mr. Tong Jinquan
Non-Executive Director

Non-Executive Director

Date of appointment as Director : 8 January 2019

Mr. Tong has more than 20 years of experience in property investment, property development and property management in the People's Republic of China. He is the founder and Chairman of Shanghai Summit (Group) Co., Ltd. and its subsidiaries (the "Summit Group") and the Chairman of Shanghai Changfeng Real Estate Development Co., Ltd. Having established Summit Group in 1994, Mr Tong has been responsible for overseeing the growth of Summit Group, which holds and operates commercial properties such as hotels, serviced apartments, office buildings and a shopping mall in Shanghai, Shenyang and Chengdu.

Mr. Wilson Ang
Non-Executive Director

Non-Executive Director

Date of appointment as Director : 8 January 2019

Mr. Ang has extensive experience in real estate investment trust management, industrial property investment and consultancy services. He is currently the Group CEO of OT Group Pte Ltd responsible for steering the growth and strategic direction of the group of companies with businesses spanning across real estate agency, advisory and valuation. He co-founded Viva Industrial Trust Management Pte. Ltd. (“VITM”), the manager of Viva Industrial Trust (“VIT”) in 2012 where he served as the CEO and Executive Director of VITM in steering the growth and enhancing the value of VIT post its successful listing on the SGX-ST in November 2013 until its merger with ESR-REIT in October 2018.

Prior to his roles with VITM, Mr. Ang was the Consultant of Asia Industrial Services with Colliers International focusing on Industrial Investment Markets in Singapore and Asia, advising building owners, investors including REITs, private and institution funds on their real estate portfolio as well as servicing their real estate portfolio requirements across Asia. Mr. Ang also cofounded Cambridge Industrial Trust Management Limited (“CITM”), the manager of Cambridge Industrial Trust (“CIT”) in 2005 where he served as the Managing Director (Investment) and became CEO from 2007 to 2009. Prior to co-founding CITM, Mr. Ang was the Executive Director and Head of the Industrial Division at Colliers International (Singapore) Pte. Ltd.

Mr. Ang holds a Bachelor of Science (Estate Management) (Honours) from the National University of Singapore.

Mr. Adrian Chui
Chief Executive Officer ("CEO") and Executive Director

Chief Executive Officer ("CEO") and Executive Director
Member of the Executive Committee

Date of appointment as Director : 24 March 2017

Prior to joining the Manager, Mr. Chui ran the South East Asia real estate advisory division of Standard Chartered Bank ("SCB"). His overall responsibilities at SCB included structuring, fundamental analysis and approval of acquisition financing for real estate companies / REITs / Business Trusts, valuation and execution advice for mergers& acquisitions, as well as structuring, execution and investment case positioning & strategies of REIT Initial Public Offerings ("IPOs")and follow-on offerings of equity, equity- linked and debt securities across all real estate segments.

Before SCB, Mr Chui was the Director of Real Estate, Lodging and Leisure Group at UBS Investment Bank's Singapore office, where he headed a team involved in structuring and listing of Singapore and cross-border REITs / Business Trusts and property company IPOs for Southeast Asia. His past work experience also includes a stint at Morgan Stanley Asia (Singapore) Securities Pte Ltd, where he was the lead property research analyst responsible for Singapore listed REITs and property companies. He has also held management roles with Capita Commercial Trust Management Limited and was part of the pioneer management team at Ascendas Funds Management (S) Limited.

Mr. Chui holds a Bachelor of Business from Nanyang Technological University, Singapore.