LENDLEASE has appointed Ann Soo Chan to the board as an independent non-executive director.
Based in Singapore, Lui is currently the CEO and executive director of Azalea Asset Management, which she helped to found in 2015. At Azalea, Lui leads an experienced team of investment managers, overseeing a portfolio valued at US$10 billion.
Lui holds a Bachelor of Accountancy from The National University of Singapore and has attended the Advanced Management Development Program at the Wharton School, University of Pennsylvania.
She was previously a member of the investment team at Temasek Holdings and involved in direct investments across a variety of sectors including transportation, industrial, real estate investments, and major redevelopment projects in Asia. She has a track record in restructuring, transforming and creating new Temasek businesses and led the startup of several business joint ventures including Tiger Airways and Jetstar Asia, and the creation of Cityspring Infrastructure, the first infrastructure business trust listed on the Singapore Exchange.
She currently chairs the Marine Services Supervisory Committee of PSA International. She also serves on the Board of Trustees and the Investment and Finance Committees of the Singapore Institute of Technology, and is a member of the Singapore Exchange’s Listing Advisory Committee.
Lendlease chairman Michael Ullmer said her extensive investment management and international business experience makes her an outstanding addition to the board.
“Her appointment reflects the Board’s structured approach to director succession planning and will enhance the mix of skills, diversity, and experience on the Board.” said Ullmer.
