Ascendas India appoints Thomas Teo as CEO

Wednesday, 30 March 2011, 21:34 Hrs
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Mumbai: Ascendas, Asia's leading business space solutions provider, today said it has appointed Thomas Teo as Chief Executive Officer of Ascendas India, which will be effective from April 1.

Teo takes over from Lim Sin Tiow, who will be moving back to Ascendas Group's Singapore office to assume the role of EVP, Real Estate Services, the company said in a statement.

Teo has been associated with Ascendas for over 15-years at various senior leadership roles managing Ascendas' portfolio of properties in Singapore. Teo is based out of the Ascendas India head quarter in Bangalore.

Lim Sin Tiow will still be associated with Ascendas India operations as Board member for various Ascendas properties in India.

India is one of the key markets for Ascendas and has grown significantly both in terms of expansion within the existing IT Parks as well as increasing its footprints in the country.

Currently Ascendas have eight projects spread across six cities.
Source: PTI
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