ESR - Key Persons


Dr. Lo

Job Titles:
  • Independent Non - Executive Director
  • General Counsel of National Healthcare Group
Dr. Lo is the General Counsel of National Healthcare Group (NHG) since September 2020. NHG is a large healthcare company wholly-owned by MOH Holdings Pte Ltd, Singapore, and comprises numerous hospitals, specialty centres and polyclinics. Dr. Lo is a member of the NHG Domain Specific Review Board which is an independent committee that reviews and approves research studies. Dr. Lo also actively participates in national initiatives and strategies including major reforms of the healthcare sector. Dr. Lo was the Legal Director (Head of Legal & Contract Management Department) of Integrated health Information System (IHiS) and was also Head of Procurement. IHiS is the technology agency for Singapore's public healthcare sector and is wholly-owned by MOH Holdings Pte Ltd, Singapore. Dr. Lo builtd the Legal and Procurement Departments, guided IHiS through the Committee of Inquiry investigation into the SingHealth cyber attack in 2018 and led IHiS through several major public healthcare projects. Previous to IHiS, Dr. Lo was a finance sector lawyer. Dr. Lo holds a Bachelor of Laws from The University College London, London University, Master of Laws from The London Schools of Economics & Political Science, London University and a Doctor of Business Administration from University of South Australia. She is admitted to practise law in Singapore, England and New York.

Lyn Ong

Job Titles:
  • Senior Manager, Capital Markets and Investor Relations

Mr. Adrian Chui - CEO

Job Titles:
  • CEO
  • Executive Director
  • Member of the Management Team
  • Chief Executive Office ( "CEO" ) and Executive Director / Chief Executive Officer ( "CEO" ) and Executive Director
  • Chief Executive Officer ( "CEO" ) and Executive Director
Mr. Chui joined the Manager in March 2017 as CEO and Executive Director. He reports to the Board and is responsible for achieving ESR-LOGOS REIT's fiduciary duties to Unitholders as well as managing major stakeholder relationships. His key responsibilities include setting the strategic objectives for ESR-LOGOS REIT alongside the Board as well as driving the overall business plan execution with the support of the management team. Mr. Chui has more than 20 years of extensive real estate experience, across property investments and divestments, funds management and structuring, capital markets, acquisition financing, mergers and acquisitions, and fund raising (across debt, equity-linked and equity). He was the pioneer in leading and structuring of Singapore's first ever REIT merger in 2018. Prior to joining the Manager, Mr. Chui was responsible for the Southeast Asia real estate business at Standard Chartered Bank. His deal experience across private funds, REITs and Business Trusts market includes structuring cross border property investments, fund raising and sell-side property research in industrial, logistics, hospitality, office, retail and healthcare. He was formerly with 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 CapitaCommercial Trust Management Limited and was part of the pioneer management team at Ascendas Funds Management (S) Limited. He is also an Exco member of REITAS. Mr. Chui holds a Bachelor of Business from Nanyang Technological University, Singapore.

Mr. Carlvin Chia

Job Titles:
  • Member of the Management Team
  • Head of Asset Management
Mr. Chia joined the Manager in May 2022. Mr. Chia is responsible for developing and executing asset management strategies to drive income performance and returns of ESR-LOGOS REIT's portfolio. Reporting to the Deputy CEO, he has over 20 years of experience in the real estate industry, including portfolio and asset management, development, marketing, leasing, and property management. Prior to joining the Manager, Mr. Chia was Head of Asset Management for ARA LOGOS Logistics Trust ("ALOG") since May 2021. Before joining ALOG, Mr. Chia was the Vice President, Portfolio Management at Ascendas Funds Management (S) Limited, the manager of Ascendas REIT ("A-REIT") where he was responsible for driving portfolio strategies and performance of A-REIT's Business & Science Park portfolio of 27 business park assets in Singapore. Prior to this, he was Co-Head of A-REIT's Logistics portfolio in Singapore, overseeing the performance of 21 logistics assets. He also held asset management, development, marketing and leasing roles at Mapletree and JTC Corporation. Mr. Chia graduated on the Dean's Merit List with a Bachelor of Business (Property) degree from the University of South Australia

Mr. Don Kok - CFO

Job Titles:
  • CFO
  • Member of the Management Team
  • Chief Financial Officer ( "CFO" )
Mr. Kok was appointed CFO on 15 August 2022. Reporting to the CEO, he oversees all finance and tax-related functions, including the implementation of capital management strategies. He has close to 20 years of experience in accounting and finance, of which more than 12 years were with listed entities in the real estate and fund management industries. Mr. Kok joined the Manager as Financial Controller in August 2019. Prior to joining the Manager, Mr. Kok was Vice President of Finance at Ascendas Funds Management (S) Limited (the manager of Ascendas REIT) from 2015 to 2019, where he was responsible for the financial reporting and tax matters of the Group. Prior to this, Mr. Kok served as Finance Manager at ARA Asset Management Limited for almost 6 years. He started his finance career at PSA Corporation Limited. Mr. Kok holds a Bachelor of Accountancy (Second Class Honours) from the Nanyang Technological University, Singapore.

Mr. George Agethen

Job Titles:
  • Non - Executive Director
George Agethen is responsible for the investment and asset management strategies outlined in the IvanhoƩ Cambridge's annual business and strategic plans. He works closely with the Asset Management, Growth Markets team and collaborates with internal and external stakeholders to put in place and consolidate strategic partnerships for major projects being developed in the Asia-Pacific region. Mr. Agethen has extensive experience in the real estate industry, and more specifically in the Asian real estate market. Before joining IvanhoƩ Cambridge in 2015, he was Senior Executive Director and Head of Alternative Investments at Ping An Trust, a subsidiary of Ping An Insurance (Group) Company of China Ltd., a public company. In his past position, he was responsible for establishing a multi-asset real estate portfolio which invests globally. He served also as Executive Director for HREI (a joint venture between Harvest Funds Management and Grosvenor Group) and as Head of business development and capital-raising for Harvest Capital Partners, China's leading real estate fund managers. He was previously Vice President, Private Capital Markets, Real Estate, for Macquarie Capital in Asia. He also spent several years in the real estate sector in Australia. Mr. Agethen holds bachelor's degrees in commerce and in law and a master's degree in commerce, specializing in Finance, from University of New South Wales in Sydney, Australia. Mr. Agethen is a Fellow of the Financial Services Institute of Australasia and is a Jury Member for the MIPIM Asia Awards. Over the course of his career, George has lived in Australia, Hong Kong, Singapore, and China. He speaks fluent English, Mandarin and Cantonese.

Mr. Loi Pok Yen

Job Titles:
  • Independent Non - Executive Director
  • Member of the Audit, Risk Management and Compliance Committee
Mr Loi Pok Yen was the Group CEO of CWT Pte. Limited ("CWT"), an integrated logistics service provider that provides integrated logistics services and supply chain solutions to various industries through CWT group of companies, before he retired from his position on 31 March 2023. Prior to joining CWT, Pok Yen was responsible for the construction of warehouses and running the logistics business operations at C & P Holdings. From 1995 to 1997, he helped oversee and build Myanmar International Terminals Thilawa (MITT), Myanmar's largest port. Pok Yen has been instrumental in transforming the CWT Group into a global enterprise. In 2013, he was named EY Entrepreneur of the Year - Logistics Winner.

Mr. Nagaraj Sivaram

Job Titles:
  • Independent Non - Executive Director / Chairperson of the Audit, Risk Management and Compliance Committee
Mr. Nagaraj Sivaram was an assurance partner in Ernst & Young, Singapore and retired from the firm on 30 June 2019 after 35 years with the firm. In his years with the firm, he served in various roles principally in the audit or assurance department. His audit experience over the years included the audit of listed companies and multinationals in the food and beverage, logistics and property industries. His business advisory experience included financial due diligence work for the Transaction Advisory Services group of the firm. He was the technical partner for many years. As technical partner he advised other partners on complex accounting and auditing issues, conducted training and set policies relating to risk management for the assurance practice of the firm. He was a member of the Accounting Standards Council, the standard setter in Singapore for eight years. He is currently a Board Member and Audit Committee Chairman of the Land Transport Authority, Singapore Institute of Technology and GK Goh Holdings Ltd. Mr. Sivaram holds a Bachelor of Commerce from the University of Bombay. He is also a FCA - Chartered Accountant and a Certified Public Account.

Mr. Shen Jinchu

Job Titles:
  • Group Co - Founder
Mr. Shen has over 23 years of industrial real estate experience in China. Prior to co-founding ESR in June 2011, he was Senior Vice President at GLP Investment Management (China) Co. Ltd. (formerly Prologis China) from January 2004 to September 2010, overseeing the Eastern China area. Mr. Shen was the Deputy Director of DTZ Debenham Tie Leung International Property Advisers from June 2001 to December 2003. Previously, he was the Assistant General Manager for marketing at Shanghai Waigaoqiao Free Trade Zone Xin Development Co., Ltd from July 1995 to November 2000. Mr. Shen was also a Director of ESR-LOGOS Funds Management (S) Limited, Manager of ESR-LOGOS REIT, which is listed on the Singapore Exchange Securities Trading Limited, from January 2017 to January 2019.

Mr. Stuart Gibson

Job Titles:
  • Non - Executive Director
  • Executive Director, Group Co - Founder & Co - CEO
Mr. Stuart Gibson is the Executive Director, Group Co-Founder & Co-CEO of ESR Group Limited ("ESR"), the Sponsor of ESR-LOGOS REIT. Mr. Gibson has been the co-CEO of ESR since January 2016 and he was also the Co-Founder and CEO of the Redwood group from July 2006 until 2016. Mr. Gibson is responsible for overseeing ESR's overall operations and business development. Mr. Gibson has over 27 years of real estate development and investment experience in Asia, which includes 15 years in the Japanese industrial real estate sector. Mr. Gibson was formerly the country head of Prologis Japan, and former co-founder and co-CEO of AMB BlackPine, which was subsequently incorporated into Prologis. He was also the Chairman of AMB Property Corporation Japan Advisory Committee.

Ms. Charlene-Jayne Chang

Job Titles:
  • Member of the Management Team
  • Head of Capital Markets and Investor Relations
Ms. Chang joined the Manager in April 2017 as Head of Capital Markets and Investor Relations. She reports to the CEO and manages the capital markets/fundraising, treasury and investor relations/corporate communications functions of the Manager, including the provision of insights on originating and executing strategic initiatives, mergers and acquisitions and capital markets/fundraising and treasury strategies. Prior to joining the Manager, Ms. Chang was a Director of the Commercial Real Estate division at Standard Chartered Bank and has originated and executed major capital markets, loan and treasury transactions across Singapore and Southeast Asia for real estate companies, REITs and Business Trusts. In her role, she was responsible for the structuring, valuation, fundamental analysis, financing and execution advice for mergers and acquisitions, initial public offerings, and follow-on offerings of equity, equity-linked and debt securities. Before joining Standard Chartered Bank, Ms. Chang was based in Hong Kong and Singapore Corporate Finance offices of the Royal Bank of Scotland, providing corporate finance advisory and executing cross-border transactions across Hong Kong, China and Southeast Asia. Ms. Chang holds a Bachelor of Business Administration with double majors in Finance and Management from the National University of Singapore.

Ms. Irene Phua

Job Titles:
  • Member of the Management Team
  • Head of Human Resources and Corporate Services
Ms. Phua joined the Manager in July 2017 as Head of Human Resources and Corporate Services. She reports to the CEO and oversees the human resources and office administration functions of the Trust and the Manager. Ms. Phua has more than 21 years of experience providing human capital insight to management, developing talent to enhance skills and productivity as well as cultivating leaders for business continuity. Prior to joining the Manager, Ms. Phua was the Associate Director of a real estate consultancy firm and was responsible for formulating human resource strategies for the company. Ms. Phua graduated from University of Bradford with a Bachelor of Science (Honours) in Business and Management Studies.

Ms. Karen Lee

Job Titles:
  • Deputy CEO
  • Member of the Management Team
Ms. Lee joined the Manager in May 2022 as Deputy CEO, following the completion of the merger between ESR-REIT and ARA LOGOS Logistics Trust. She is responsible for executing ESR-LOGOS REIT's growth strategy. Prior to joining the Manager, Ms. Lee was CEO of the manager of ARA LOGOS Logistics Trust since August 2020. Before her CEO appointment, she was the Head of Asset and Investment Management for LOGOS SE Asia Pte Ltd where she was instrumental in the investment and asset management strategic planning for LOGOS' Southeast Asia business and growing the Singapore portfolio. Ms. Lee has more than 20 years of experience in the real estate industry covering industrial real estate development, asset and investment management, business development, leasing, marketing and property management. Prior to joining LOGOS, Ms. Lee was Head of Singapore Portfolio and Asset Management of Ascendas Funds Management (S) Limited, the manager of Ascendas REIT ("A-REIT"). During her stint with Ascendas Funds Management (S) Limited, Ms. Lee was responsible for formulating and executing strategic asset management strategies as well as overseeing the performance of A-REIT's S$9 billion AUM Singapore portfolio. Ms. Lee is currently a Board Member and Audit Committee Member of BBR Holdings (S) Ltd. Ms. Lee holds a Bachelor of Science (Economics) (Hons) degree and a Master of Science (Real Estate) from the National University of Singapore.

Ms. Loy York Ying

Job Titles:
  • Member of the Management Team
  • Head of Compliance and Risk Management
Ms. Loy joined the Manager in June 2014. She reports to the CEO and is responsible for all internal and external compliance requirements for the Trust, the Manager and all other related companies of the Manager. She has over 18 years of experience in regulatory and compliance requirements in the financial services industry. Prior to joining the Manager, Ms. Loy was the Head of Regulatory Advisory and Policy, Compliance at Maybank Singapore and was responsible for the oversight and management of all compliance-related requirements of the Singapore branch. Prior to that, she also managed portfolio and provided financial advisory services to high net-worth individuals with DBS Bank Ltd and UOB Ltd. Ms. Loy holds a Bachelor of Business (Banking) from Nanyang Technological University. She also holds the Institute of Banking and Finance Advanced, Compliance (Banking) Certification.

Ms. Nancy Tan

Job Titles:
  • Member of the Management Team
  • Head of Investment
Ms Tan joined the Manager in February 2009 as Asset Manager and was appointed as the Head of Real Estate in February 2011 and is currently Head of Investment. She jointly reports to the CEO and Deputy CEO and is responsible for developing and executing ESR-LOGOS REIT's investment strategy in Singapore and overseas as well as the sourcing and execution of new investment opportunities with a view to enhancing ESR-LOGOS REIT's portfolio returns. She has over 23 years of experience in the real estate and asset management industry in Singapore. Prior to joining the Manager, Ms. Tan was the Fund Manager of MacarthurCook Industrial REIT. She also held management positions in a number of established real estate firms, including Far East Organisation and City Developments Limited. Ms. Tan holds a Bachelor of Science (Estate Management) from the National University of Singapore and a Graduate Diploma in Marketing from the Marketing Institute of Singapore.

Ms. Stefanie Yuen Thio

Job Titles:
  • Independent Non - Executive Chairperson / Independent Non - Executive Chairperson
  • Joint Managing Partner of TSMP Law Corporation
  • Member of Nominating and Remuneration Committee
  • Member of the Audit, Risk Management and Compliance Committee
Member of the Audit, Risk Management and Compliance Committee Member of Nominating and Remuneration Committee 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 29 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. 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. She has established SG Her Empowerment Limited in March 2022 where she is the current Chairman and director of the charity. 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.