Key Management

MS ADELINE SUM Executive Director Appointed as Executive Director on 1 January 2022, Ms Sum also holds the positions of Deputy Chairman of Mercatus, Chief Executive Officer of Singapore Labour Foundation and Deputy Chief Executive Officer, Strategic Alignment of NTUC Enterprise Co-operative Limited. In addition, she holds directorships in several NTUC social enterprises and ComfortDelgro Corporation Limited.

MS BELINDA GAN Managing Director, Finance & Corporate Development / Chief Financial Officer

Ms Gan is responsible for corporate development, managing and running of core corporate functions, including financial reporting, treasury, risk management, legal, compliance and corporate communications. She has over 30 years of experience in the full range of finance-related functions, primarily in the real estate industry. She was previously the Chief Financial Officer for Perennial Real Estate Holdings Limited (“Perennial”) where she was responsible for the overall finance function including financial reporting, operations, corporate finance and treasury, financial planning and risk management. Prior to Perennial, she was the Group Financial Controller in CapitaLand Limited. Ms Gan had also held Vice President positions within the CapitaLand Financial Limited and CapitaLand Commercial Limited. Ms Gan is a member of the Institute of Singapore Chartered Accountants.

MR RAJAT MITTAL Managing Director, Digital & Technology Mr Mittal is responsible for leading the organisation’s digital strategy and technology development. He has over two decades of experience delivering digital outcomes for organisations across advanced markets and emerging economies. In his previous role as the Digital Transformation Director at Cisco Systems, Mr Mittal worked with government bodies, infrastructure operators, and private sector organisations in developing new digital platforms, business models and industry ecosystems. Prior to his eight-year stint at Cisco Systems, he led consulting in areas of Product Strategy and Business Development for Wipro Technologies.

MR TEO YUNG FUNG Managing Director, Investment Mr Teo is responsible for overseeing the investment function and managing the performance and growth of the investment portfolio. Mr Teo has more than 25 years of investment experience. During which, he oversaw the private equity and real estate investment portfolios at NTUC Income/Mercatus for more than 13 years, leading the respective investment teams in executing and managing various investment strategies. Prior to joining NTUC Income, he was with Temasek Holdings, holding responsibilities in private equity fund investments. He was also with Rothschild Group, raising and managing various private equity investment funds.

MS ANNIE LEE Managing Director, Commercial Ms Lee oversees the group asset strategy, and is responsible for the growth and performance of the retail and office portfolios. She has over 22 years of real estate experience, with strong expertise in leasing, retail planning, asset management and property management. Before joining Mercatus, Ms Lee was Deputy CEO (Singapore) of Perennial Real Estate Holdings Pte Ltd where she oversaw the operations of Perennial’s business in Singapore, which included the planning and implementation of policies, initiatives and operational systems. She was also involved in acquisitions, divestments, strategic development as well as overseas projects in Malaysia and Myanmar. Prior to that, Ms Lee was Vice President, Asset Management of GIC Real Estate Pte Ltd and also Head of Leasing (Singapore) of CapitaLand Retail Limited, where she was seconded to VivoCity as Senior Development Manager for more than two and a half years.

MS GERALDINE LEE Chief Human Resource Officer Ms Lee is responsible for the human resource function. She has over 30 years of experience across different industries, including real estate. She has been the Chief Human Resource Officer for NTUC First Campus where she was instrumental in the substantial development of the breadth and depth of HR systems to scale up the preschool business, with it being recognised as a HR Asia Best Companies to Work For in Asia for 3 consecutive years and achieving the WECare: HR Asia Most Caring Companies Award 2021. Prior to NTUC First Campus, she was the Group Human Resource Officer for SingHealth Group and Vice President, Human Resources for CapitaLand Group where she partnered CEOs and the business leaders to develop human capital for business growth and transformation.

MS ELLINA CHIA Director, Asset Management Ms Chia is responsible for preserving and improving the long- term performance of properties through developing asset business plans and asset enhancement works for the retail portfolio. She has accumulated more than 25 years of real estate experience in lease administration, investment and asset management. Prior to joining Mercatus, she was the Vice President of Asset Management with CapitaLand where she was responsible for the asset performance for numerous assets, the development of One-North Star Vista project as well as portfolio reporting. During her tenure with CapitaLand, Ms Chia held various positions, including planning and managing of REIT and non-REIT Singapore assets. She was also stationed in Japan for three years to manage a private retail fund, including a secondment to Lendlease Japan for 18 months to work on the acquisition of nonperforming loans.

MS FRANCES SEETOH Director, Finance

Ms Seetoh is responsible for financial and management reporting, treasury and strategic planning for Mercatus Group of companies, joint ventures and third-party real estate portfolio. She has over 25 years of financial management experience, including financial and treasury operation management, reporting and analysis and strategic business planning. During her career, she has led business setups, transformations and integrations. Prior to joining Mercatus, Ms Seetoh was the Vice President, Business Planning and Analysis of Singapore Stock Exchange Limited.

MS JUNE ANG Director, Retail & Portfolio Operations Ms Ang is responsible for the operational efficiency of the retail portfolio, which include overseeing the leasing, marketing communications and facilities management functions as well as the malls’ management team. Ms Ang has over 15 years of experience in real estate management with CapitaLand. She was seconded to China and India for two and a half years to set up new structure and processes for operating teams. In the last three years, she led the teams at Plaza Singapura and Atrium@Orchard in her role as the Vice President to complete asset enhancement and project development works.