PETALING JAYA (April 14): IOI Properties Group Berhad (IOIPG) has redesignated its Chief Executive Officer (CEO) Lee Yeow Seng as Executive Vice Chairman and appointed Dato’ Voon Tin Yow as CEO effective April 15, 2020.
IOIPG Non-Executive Chairman Datuk Tan Kim Leong in a statement today said the redesignation and appointment will enhance the executive leadership of the IOIPG team and strengthen the Group’s position as one of the leading property developers in Malaysia.
Lee, 42, was first appointed to the Board of IOIPG on February 25, 2013 as Executive Director and then the CEO from January 2014 to date. He was also appointed the Executive Director of IOI Corp Bhd in 2008 and was subsequently redesignated as Non-Independent Non Executive Director in 2013.
Lee is an LLB (Honours) graduate from King’s College London, and is a barrister-at-law from the Bar of England & Wales by Inner Temple. He has served at the London and Singapore offices of a leading international financial services group for approximately two years prior to joining IOI Group. In IOI Group, he was actively involved in corporate affairs and general management within the Group prior to the demerger and listing of IOIPG. As the Executive Vice Chairman of IOIPG, Lee will be responsible for strategic direction, in sustaining the overall growth of the Group.
Meanwhile, Voon, 63, has 35 years experience in the construction and property development industry. He is a graduate from The University of Texas at Austin with a Master of Science in Engineering and a Bachelor of Science in Civil Engineering.
Prior to joining the Group, Voon was with EcoWorld Development Group Bhd as Executive Director since 2015. Voon was also a Non-Independent Non-Executive Director of EcoWorld International Bhd. In February 2020, he resigned from the board of both companies.
Previously, Voon was Executive Director at S P Setia Bhd and held the post of Chief Operating Officer from 1996 to 2014, during which he also served as Acting President and CEO from May 2014 to December 2014.
As the CEO of IOIPG, Voon will be responsible for the overall management of the Group’s business in its various business segments of Property Development, Property Investment as well as Hospitality and Leisure; and will take the helm in executing strategies that delivers sustainable growth for the Group.
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