CDL group CIO resigns

According to a filing posted on SGX, Khoo is leaving CDL for “personal reasons”.

Frank Khoo has resigned from his position as City Developments Limited’s (CDL) group chief investment officer.

According to a filing posted on SGX, Khoo is leaving CDL for “personal reasons”.

Khoo served the position for more than four years. His last day with CDL will be Sept 30, 2022.

As the group chief investment officer, Khoo assisted the group CEO in the sourcing and execution of new investment opportunities, while also setting up a dedicated fund management platform.

Shares in CDL closed 6 cents lower or 0.75% down on July 4 at $7.98.

 

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