Swire Properties Ltd. announced changes to its board which will take effect Oct. 1.

Martin Cubbon will retire from his nonexecutive director post.

Low Mei Shuen Michelle will be redesignated as a nonexecutive director and will relinquish her executive director and finance director posts to Lung Ngan Yee (Fanny). Low's tenure as a nonexecutive director will run until the 2020 annual general meeting, while Lung's directorship will last until the annual general meeting in 2018.

Low is also a director of John Swire & Sons (H.K.) Ltd. and Swire Pacific Ltd. Lung used to be a finance director at Swire Pacific Offshore Holdings Ltd., a wholly owned subsidiary of Swire Pacific.