Soon Su Lin to step down as Frasers Property CEO; Tan Wee Hsien named successor
Following the planned succession, she will serve as an adviser to support the group CEO
[SINGAPORE] Soon Su Lin will step down as the CEO of Frasers Property Singapore on Oct 1, 2026, transitioning to a group advisory role, the property group announced in a bourse filing on Friday (Jul 3).
She will be succeeded by Tan Wee Hsien, 55, who is scheduled to join the company as CEO designate on Sep 8 this year.
The announcement comes a week after Frasers Property announced a S$2.1 billion restructuring of its Frasers Hospitality Trust (FHT) portfolio.
Following this planned succession, Soon, 66, will serve as an adviser to support group CEO Panote Sirivadhanabhakdi.
While relinquishing her role as the head of the Singapore business, she will continue to serve as a director on the boards of One Bangkok Co and Frasers Centrepoint Asset Management, which manages the Frasers Centrepoint Trust.
Soon has been with the Frasers Property Group for over nine years and has led the Singapore operations since 2022.
Incoming CEO Tan will bring three decades of Asia-Pacific real estate experience to the role.
He is currently with CapitaLand Development, where he is the CEO for Vietnam and International.
Based in Singapore, he will report to Sirivadhanabhakdi and oversee the strategic direction, investments, operations and development management of Frasers Property’s retail, commercial, residential and mixed-use portfolio in Singapore.
Shares of Frasers Property ended at S$1.07, S$0.01 or 0.9 per cent higher on Thursday.
