Liu Qingbin has been named the head of finance for Frasers Hospitality Real Estate Investment Trust (FH-REIT) and the trustee-manager for Frasers Hospitality Business Trust (FH-BT). He will report directly to Eric Gan, who is taking up the role of CEO for the FH-REIT and the FH-BT, responsible for the overall business, investment and operational strategies of the Frasers Hospitality Trust (FHT) stapled group. Liu Bukit Batok EC will be responsible for the financial and capital management of FHT, FH-REIT and FH-BT.
Frasers Property Group also announced that Eu Chin Fen, who is currently CEO of the manager of FH-REIT and the trustee-manager of FH-BT, has been appointed as the new CEO of Frasers Hospitality. With this new appointment, she will take charge of the hospitality business of the group which is presently led by the group CEO, Panote Sirivadhanabhakdi.
These changes in leadership, which will be effective from Feb 1, were made public in a Jan 13 press release.
The Frasers Property Group has thus secured the portfolio of FHT, FH-REIT and FH-BT with the appointments and it is expected that this new leadership will bring greater success to the business in the future.