Chairman, Non-Executive and Independent Director
Mr Ho is the Chairman of the Board. He was appointed as a Non-Executive and Independent Director of the Managers on 1 December 2024.
Mr Ho held various senior appointments such as Chief Executive Officer/President Director of PT Bank Danamon Indonesia Tbk from March 2010 to February 2015, Managing Director, Special Investments at Temasek Holdings Pte. Ltd. from April 2009 to March 2010, and Chief Executive Officer of PT Bank Internasional Indonesia Tbk from January 2004 to March 2009.
Mr Ho served as the Chairman and a Non-Executive and Independent Director of Frasers Logistics & Commercial Asset Management Pte. Ltd. (“FLCAM”), the manager of Frasers Logistics & Commercial Trust, prior to his retirement from the board of FLCAM with effect from 1 October 2024. He was also a member of the Audit, Risk and Compliance Committee, and the chairman of the Nominating and Remuneration Committee, of FLCAM.
Currently, Mr Ho is a Non-Executive and Independent Commissioner of PT Chandra Asri Petrochemical Tbk. He was formerly the Chairman of Rothschild (Singapore) Pte Ltd, and a director of Alliance Bank Malaysia Bhd and AIA Singapore Pte. Ltd.
Mr Ho holds a Master of Business Administration (Accounting and Finance) from McGill University, Canada, and a Bachelor of Engineering (Honours) from University of Malaya, Malaysia.
Non-Executive and Independent Director
Mr Chang is a Non-Executive and Independent Director of the Managers.
Mr Chang has more than 20 years of experience in the banking and finance industry. He was with The Hongkong and Shanghai Banking Corporation Limited for 11 years where he last held the position of Managing Director, Head of Banking South East Asia. Prior to that, Mr Chang had worked for Citigroup and Schroders Investment Banking in various positions.
Previously, Mr Chang also served as a Non-Executive and Independent director of Frasers Commercial Asset Management Ltd., the manager of Frasers Commercial Trust, a real estate investment trust that was listed on the Main Board of SGX-ST until April 2020 when it was delisted and merged with Frasers Logistics & Industrial Trust (now known as Frasers Logistics & Commercial Trust).
Mr Chang holds a Bachelor of Science (First Class Honours) in History of Medicine and Basic Medical Sciences from University of London.
Non-Executive and Independent Director
Mr Quah is a Non-Executive and Independent Director of the Managers.
He has over 35 years of experience in real estate, management, finance and advisory. He was a Principal Consultant at KPMG Services Pte. Ltd., where he specialised in mergers and acquisitions, deal structuring and financing. He also held various key positions including Business Area Controller at Deutsche Bank for its Asia Pacific Money Markets and Treasury as well as Chief Financial Officer of City Gas Pte Ltd and Rickmers Trust Management Pte. Ltd..
Currently, Mr. Quah is the Lead Independent Director and Chairman of the Audit Committee of Samudera Shipping Line Ltd and a director of Primeur Holdings Pte. Ltd. and Primeur Cellars Pte. Ltd.. He previously served on the Board of Grindrod Shipping Holdings Ltd., AP Oil International Limited, Croesus Retail Asset Management Pte. Ltd., Deutsche Boerse Asia Holdings Pte Ltd, Eurex Clearing Asia Pte. Ltd. and Eurex Exchange Asia Pte. Ltd.. He was the founding president of PRYME, a non-profit organisation which supports less privileged students through scholarship and mentorship.
Mr. Quah is a fellow member of both the Institute of Chartered Accountants in England and Wales and Association of Chartered Certified Accountants in the United Kingdom.
Non-Executive and Independent Director
Mr Sivaram is a Non-Executive and Independent Director of the Managers.
He retired from Ernst & Young (“EY”) Singapore in June 2019 as Assurance Partner, after 35 years with the firm. During his tenure, he served in various roles, principally in audit or assurance.
Mr Sivaram’s audit experience included the audit of listed companies and multinationals in the food and beverage, logistics and real estate industries. His business advisory experience encompassed financial due diligence work for EY’s Transaction Advisory Services Group. As Technical Partner for many years, he advised other partners on complex accounting and auditing issues, conducted training, and set policies relating to risk management for the assurance practice of the firm.
Mr Sivaram is a Board Member and the Audit Committee Chairman of the Land Transport Authority. He also serves on the Board of Singapore Institute of Technology, ESR-LOGOS Funds Management (S) Limited, British and Malayan Holdings Limited and Thakral Corporation Ltd. Previously, he sat on the Board of the Urban Redevelopment Authority and G.K. Goh Holdings Limited.
Previously, he was a member of the Accounting Standards Council – the standard setter in Singapore – for nine years and received the Public Service Medal (PBM) in 2018 for having served as its Deputy Chairman for several years. He was also active on the various committees of the Institute of Singapore Chartered Accountants (“ISCA”), the Accounting and Corporate Regulatory Authority and the Singapore chapter of the Institute of Chartered Accountants in England and Wales (“ICAEW”).
Mr Sivaram graduated from the University of Bombay with a Bachelor of Commerce degree and qualified as a chartered accountant in London. He remains a member of both ICAEW and ISCA.
Chairman, Non-Executive and Non-Independent Director
Mr Panote is the Chairman of the Board. He has been appointed as a Non-Executive and Non-Independent Director of the Managers since 10 June 2014.
He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as Athimart Company Limited, Beer Thip Brewery (1991) Co., Ltd., Blairmhor Limited, Blairmhor Distillers Limited, Golden Land Property Development Public Company Limited, InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings (UK) Limited, Kankwan Company Limited, One Bangkok Company Limited, Sura Bangyikhan Company Limited and Theparunothai Company Limited.
He is also a member of the Singapore Management University's Board of Trustees and a board member of the National Gallery Singapore.
Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.
Non-Executive and Non-Independent Director
Dr Wong has been a Non-Executive and Non-Independent Director since 10 June 2023, after serving as a Non-Executive and Independent Director of the Managers for nine years.
He has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, He was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.
Previously, he served as a board member of the Energy Market Authority and the Civil Service College in Singapore, and a Customer Advisory Board Member of Thomson Reuters. He was also a director of HDR Global Trading Limited, Tahoe Life Assurance Company Limited and EKPAC International Group (Holdings) Limited.
Dr Wong currently sits on the board of Frasers Property Limited, China Merchants Bank Co., Ltd and EC World Asset Management Pte Ltd. He also serves as Chairman of Halftime Hong Kong Limited and is a Finance Management Committee member of the Hong Kong Management Association.
He graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master of Science degree in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.
Chief Executive Officer
Eric is the Chief Executive Officer (CEO) of the Managers and is responsible for the overall business, investment and operational strategies of FHT.
Eric joined the Managers in October 2018 as Designate Chief Financial Officer (CFO). Prior to his current appointment, Eric was CFO of the Managers from January 2019 to January 2023 and was responsible for FHT’s financial and capital management. He has over 25 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.
Before joining FHT, Eric was CFO of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Prior to that, he was CFO of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.
Eric has extensive experience in the field of financial management. He started his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses, where he held key positions such as Senior Vice President, Company Secretary and CFO.
Eric is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.
Chief Financial Officer
Benjamin oversees the finance, taxation and treasury functions of FHT. With over 20 years of experience in finance and accounting, he brings a wealth of expertise to his role.
Prior to his current appointment, Benjamin was Head of Finance at Frasers Hospitality. Previously, he served as the Chief Financial Officer and Head of Investor Relations at PARAGON REIT for the last five years. In this role, he was responsible for capital management, including tax and treasury matters, as well as overseeing finance and accounting functions, such as statutory reporting and the implementation of PARAGON REIT’s financial business plans. Additionally, he managed investor relations, facilitating communication and liaising with unitholders.
Benjamin began his career at PricewaterhouseCoopers Singapore, where he also completed a two-year secondment at the PricewaterhouseCoopers Macao office. He holds a Bachelor of Accountancy degree from Nanyang Technological University and is a member of the Institute of Singapore Chartered Accountants.
Head of Investment
Soon Yean leads the investment team and is responsible for sourcing, evaluating, recommending and executing acquisition and divestment transactions for FHT. He has over 30 years of experience in the real estate industry and has been with Frasers Property for the last 15 years.
During the time he was with the group, he held various senior positions, including the Head of Investment for Frasers Commercial Asset Management Ltd, the manager for Frasers Commercial Trust prior to its merger with Frasers Logistics and Industrial Trust. He was also the Head of Business Development, Frasers Property Singapore, responsible for residential and commercial land tenders and strategy for the business unit. Before joining Frasers Property, he was with a Singapore-listed property company where he undertook investment, asset management and business development work in Singapore and Malaysia.
Soon Yean holds a Bachelor of Science (Honours) in Estate Management from the National University of Singapore and an Executive Master of Science in Finance from the Zicklin School of Business, Baruch College, City University of New York. He is also a member of the Royal Institute of Chartered Surveyors..
Head of Asset Management
Caris is responsible for the asset management of FHT’s portfolio. Her role includes optimising and executing asset management strategies to improve the income for the portfolio through working with the various hotels and service residence operators. She is also responsible for identifying and implementing asset enhancement initiatives that are yield accretive.
Prior to her current appointment, Caris was Senior Manager of Business Development at Frasers Hospitality Pte. Ltd., responsible for its business development and investments across the Asia-Pacific region. Previously at Mapletree Logistics Trust Management Ltd., the manager of Mapletree Logistics Trust, she was the asset manager for a portfolio of logistics properties in Singapore and Malaysia. She started her career at City Developments Limited, focusing on property management of commercial assets.
Caris holds a Bachelor of Science (Honours) degree in Building from the National University of Singapore.
Investor Relations Manager
Joey manages the investor relations function of FHT and serves as the primary point of contact for its stapled securityholders, the investment community, and the media. He leads the preparation of public disclosures, ensuring clear and consistent communication about FHT’s performance, strategy, and growth prospects. He also provides the management team with market intelligence and research, enabling informed decision-making, and oversees the sustainability reporting, ensuring adherence to ESG standards and practices.
Prior to his current appointment, he was the Investor Relations Manager at managers of CDL Hospitality Trusts, where he managed a wide range of investor relations activities. Earlier in his career, he served as Principal Consultant at Citigate Dewe Rogerson, where he provided external investor relations and corporate communications services to a diverse portfolio of publicly listed companies in Singapore.
Joey holds a Bachelor of Commerce in Banking and Finance from Murdoch University.
Chairman, Non-Executive and Independent Director
Mr Ho is the Chairman of the Board. He was appointed as a Non-Executive and Independent Director of the Managers on 1 December 2024.
Mr Ho held various senior appointments such as Chief Executive Officer/President Director of PT Bank Danamon Indonesia Tbk from March 2010 to February 2015, Managing Director, Special Investments at Temasek Holdings Pte. Ltd. from April 2009 to March 2010, and Chief Executive Officer of PT Bank Internasional Indonesia Tbk from January 2004 to March 2009.
Mr Ho served as the Chairman and a Non-Executive and Independent Director of Frasers Logistics & Commercial Asset Management Pte. Ltd. (“FLCAM”), the manager of Frasers Logistics & Commercial Trust, prior to his retirement from the board of FLCAM with effect from 1 October 2024. He was also a member of the Audit, Risk and Compliance Committee, and the chairman of the Nominating and Remuneration Committee, of FLCAM.
Currently, Mr Ho is a Non-Executive and Independent Commissioner of PT Chandra Asri Petrochemical Tbk. He was formerly the Chairman of Rothschild (Singapore) Pte Ltd, and a director of Alliance Bank Malaysia Bhd and AIA Singapore Pte. Ltd.
Mr Ho holds a Master of Business Administration (Accounting and Finance) from McGill University, Canada, and a Bachelor of Engineering (Honours) from University of Malaya, Malaysia.
Non-Executive and Independent Director
Mr Chang is a Non-Executive and Independent Director of the Managers.
Mr Chang has more than 20 years of experience in the banking and finance industry. He was with The Hongkong and Shanghai Banking Corporation Limited for 11 years where he last held the position of Managing Director, Head of Banking South East Asia. Prior to that, Mr Chang had worked for Citigroup and Schroders Investment Banking in various positions.
Previously, Mr Chang also served as a Non-Executive and Independent director of Frasers Commercial Asset Management Ltd., the manager of Frasers Commercial Trust, a real estate investment trust that was listed on the Main Board of SGX-ST until April 2020 when it was delisted and merged with Frasers Logistics & Industrial Trust (now known as Frasers Logistics & Commercial Trust).
Mr Chang holds a Bachelor of Science (First Class Honours) in History of Medicine and Basic Medical Sciences from University of London.
Non-Executive and Independent Director
Mr Quah is a Non-Executive and Independent Director of the Managers.
He has over 35 years of experience in real estate, management, finance and advisory. He was a Principal Consultant at KPMG Services Pte. Ltd., where he specialised in mergers and acquisitions, deal structuring and financing. He also held various key positions including Business Area Controller at Deutsche Bank for its Asia Pacific Money Markets and Treasury as well as Chief Financial Officer of City Gas Pte Ltd and Rickmers Trust Management Pte. Ltd..
Currently, Mr. Quah is the Lead Independent Director and Chairman of the Audit Committee of Samudera Shipping Line Ltd and a director of Primeur Holdings Pte. Ltd. and Primeur Cellars Pte. Ltd.. He previously served on the Board of Grindrod Shipping Holdings Ltd., AP Oil International Limited, Croesus Retail Asset Management Pte. Ltd., Deutsche Boerse Asia Holdings Pte Ltd, Eurex Clearing Asia Pte. Ltd. and Eurex Exchange Asia Pte. Ltd.. He was the founding president of PRYME, a non-profit organisation which supports less privileged students through scholarship and mentorship.
Mr. Quah is a fellow member of both the Institute of Chartered Accountants in England and Wales and Association of Chartered Certified Accountants in the United Kingdom.
Non-Executive and Independent Director
Mr Sivaram is a Non-Executive and Independent Director of the Managers.
He retired from Ernst & Young (“EY”) Singapore in June 2019 as Assurance Partner, after 35 years with the firm. During his tenure, he served in various roles, principally in audit or assurance.
Mr Sivaram’s audit experience included the audit of listed companies and multinationals in the food and beverage, logistics and real estate industries. His business advisory experience encompassed financial due diligence work for EY’s Transaction Advisory Services Group. As Technical Partner for many years, he advised other partners on complex accounting and auditing issues, conducted training, and set policies relating to risk management for the assurance practice of the firm.
Mr Sivaram is a Board Member and the Audit Committee Chairman of the Land Transport Authority. He also serves on the Board of Singapore Institute of Technology, ESR-LOGOS Funds Management (S) Limited, British and Malayan Holdings Limited and Thakral Corporation Ltd. Previously, he sat on the Board of the Urban Redevelopment Authority and G.K. Goh Holdings Limited.
Previously, he was a member of the Accounting Standards Council – the standard setter in Singapore – for nine years and received the Public Service Medal (PBM) in 2018 for having served as its Deputy Chairman for several years. He was also active on the various committees of the Institute of Singapore Chartered Accountants (“ISCA”), the Accounting and Corporate Regulatory Authority and the Singapore chapter of the Institute of Chartered Accountants in England and Wales (“ICAEW”).
Mr Sivaram graduated from the University of Bombay with a Bachelor of Commerce degree and qualified as a chartered accountant in London. He remains a member of both ICAEW and ISCA.
Chairman, Non-Executive and Non-Independent Director
Mr Panote is the Chairman of the Board. He has been appointed as a Non-Executive and Non-Independent Director of the Managers since 10 June 2014.
He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as Athimart Company Limited, Beer Thip Brewery (1991) Co., Ltd., Blairmhor Limited, Blairmhor Distillers Limited, Golden Land Property Development Public Company Limited, InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings (UK) Limited, Kankwan Company Limited, One Bangkok Company Limited, Sura Bangyikhan Company Limited and Theparunothai Company Limited.
He is also a member of the Singapore Management University's Board of Trustees and a board member of the National Gallery Singapore.
Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.
Non-Executive and Non-Independent Director
Dr Wong has been a Non-Executive and Non-Independent Director since 10 June 2023, after serving as a Non-Executive and Independent Director of the Managers for nine years.
He has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, He was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.
Previously, he served as a board member of the Energy Market Authority and the Civil Service College in Singapore, and a Customer Advisory Board Member of Thomson Reuters. He was also a director of HDR Global Trading Limited, Tahoe Life Assurance Company Limited and EKPAC International Group (Holdings) Limited.
Dr Wong currently sits on the board of Frasers Property Limited, China Merchants Bank Co., Ltd and EC World Asset Management Pte Ltd. He also serves as Chairman of Halftime Hong Kong Limited and is a Finance Management Committee member of the Hong Kong Management Association.
He graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master of Science degree in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.
Chief Executive Officer
Eric is the Chief Executive Officer (CEO) of the Managers and is responsible for the overall business, investment and operational strategies of FHT.
Eric joined the Managers in October 2018 as Designate Chief Financial Officer (CFO). Prior to his current appointment, Eric was CFO of the Managers from January 2019 to January 2023 and was responsible for FHT’s financial and capital management. He has over 25 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.
Before joining FHT, Eric was CFO of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Prior to that, he was CFO of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.
Eric has extensive experience in the field of financial management. He started his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses, where he held key positions such as Senior Vice President, Company Secretary and CFO.
Eric is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.