Mr Sherman KwekGroup Chief Executive Officer
City Developments Limited (CDL)
Mr Sherman Kwek assumed his role as CDL’s Group Chief Executive Officer (CEO) in January 2018 and was appointed as an Executive Director in May 2019. He also holds the position of Executive Chairman of CDL China Limited. He was previously the Deputy CEO and Chief Investment Officer of CDL. He has been spearheading the Group’s expansion in Singapore, China, Japan, Australia and the United Kingdom for over a decade.
Before joining CDL, Mr Kwek was the CEO of City e-Solutions Limited, a Hong Kong-listed company providing hotel management and electronic distribution services to the global hospitality industry. Mr Kwek was also formerly the Chief Operating Officer of Thakral Corporation Ltd. and an Executive Director of HL Global Enterprises Limited, both listed companies in Singapore. Earlier in his career, he worked in technology venture capital, investment banking, hospitality management and real estate private equity. He graduated from Boston University with a Bachelor of Science in Business Administration, majoring in Finance and Marketing with a minor in Psychology, and has worked in New York, Hong Kong, Shanghai and Singapore.
Mr Kwek serves on various committees and boards. Since 2019, he has been a member of the Go East Committee and FutureChina Committee, both under Business China. In 2020, he was appointed to the Board of Trustees of the Chinese Development Assistance Council (CDAC), a non-profit self-help group for the Chinese community. In 2021, he joined the Property Committee of Singapore Health Services Pte Ltd (SingHealth). In 2022, he was appointed to the Board of the manager for Singapore-listed IREIT Global and the Advisory Board for the National Youth Achievement Award.
In 2023, he was appointed to the Board of SingHealth. By 2024, he became Chairman of SingHealth’s Property Committee and a member of MOH Holdings' (MOHH) Healthcare Infrastructure and Planning Committee. He was also appointed Investment Committee Chairman of CDAC, a member of the Singapore Business Federation Council and an advisor to the MOHH Standardisation Review Committee.
Mr. Kwek previously served as a Council Member of the Singapore Chinese Chamber of Commerce and Industry, a member of the Council for Board Diversity and a board member of both the Building and Construction Authority (BCA) and Business China.
