S&P Global Market Intelligence presents a weekly rundown of recent significant management and board changes and personnel moves in the Asia-Pacific real estate industry. The moves are listed by sector and by announcement date in reverse chronological order. The Europe and North America Hires and Fires columns will be published Wednesday and Thursday, respectively.
Australia
* Aristocrat Leisure Ltd. nominated former Toll Holdings Ltd. CFO and executive director Neil Chatfield as nonexecutive director, effective Dec. 12. The appointment is subject to regulatory pre-approvals, and Chatfield will therefore be referred to as director elect until then.
* Frizelle Prestige COO Rebecca Frizelle will take a seat on Sunland Group Ltd.'s board as a nonexecutive director, effective January 2018. Frizelle will also be added to the audit and risk committee as a member.
* Paul Cochrane, CFO of Eureka Group Holdings Ltd., added the company secretary duties to his responsibilities Dec. 5, after the company decided to internalize the role. The executive took over the position from Oliver Schweizer, who served in the position for three years.
Malaysia
* To' Puan Janet Looi Lai Heng was named Malaysian Resources Corp. Bhd. independent nonexecutive director, effective Dec. 11.
China
* Tse Chi Wai is stepping down as independent nonexecutive director of Sunac China Holdings Ltd. to give more time to his personal and other business commitments. The resignation will go into effect Dec. 19, at which Tse will also cease to be a member of the audit and remuneration committees.
* Zhu Wei will retire as a director of Shanghai Lujiazui Fin & Trade as he has reached the age of 65, the stipulated retirement age for males in China. Zhu will also vacate his seats on the board's specialized committees.
Meanwhile, Deputy General Manager resigned because of a movement in resource redeployment.
Hong Kong
* Shangri-La Asia Ltd. said former CFO Madhu Rama Chandra Rao will also now retire as an executive director, effective Dec. 31.
The company also named Yap Chee Keong as an independent nonexecutive director, effective Dec. 11.
Philippines
* Anna Kathrina Cipriano resigned as vice president of Robinsons Land Corp., effective Dec. 6, to pursue other endeavors.
