People Digest: Golden Equator appoints partner; Top deck changes at Frasers Property

Pooja Gurbani, Partner for GEC's Venture Investments team

Singapore-based private investment group Golden Equator Capital has appointed Pooja Gurbani as a partner to its venture investments team while Frasers Property announced that CEO Christopher Tang will retire on December 31, 2019.

Golden Equator appoints partner to its venture team

Singapore-based private investment group Golden Equator Capital (GEC) has appointed Pooja Gurbani as a partner to its venture investments team, according to a statement.

In this role, she will mentor portfolio companies and maintain strategic partnerships across the innovation and investment communities.

Gurbani has over 20 years of experience managing different types of investments in global financial hubs including London, New York, Hong Kong, and Singapore.

“Pooja will be a valuable addition to the venture team with her global experience and perspectives, having strong track record working with and advising startups, and her keen personal interest in health- and impact-related investments would provide fresh perspectives for us in identifying opportunities,” said Daren Tan, Managing Partner, Venture Investments at Golden Equator Capital.

GEC currently runs S$120m GEC-KIP Technology and Innovation Fund, with co-manager Korea Investment Partners. In September, the GEC-KIP fund announced a $2.3-million investment in leading Vietnamese PropTech Rever and a $2.5m investment into Southeast Asia’s digital talent agency Gushcloud International.

Frasers Property announces leadership changes for Singapore office

SGX-listed Frasers Property announced that Frasers Property Singapore CEO Christopher Tang will retire on  December 31, 2019.

The company also proposed planned leadership changes to ensure a smooth leadership transition. From January 1, 2020, Tang will assume a new position of Senior Adviser, while continuing to serve as a director on the boards of Frasers Property (Singapore) Pte. Ltd., Frasers Centrepoint Asset Management and Frasers Commercial Asset Management Ltd.

Frasers also announced the formation of a retail-focused platform in Singapore, which will cover the asset, property and development management of its retail assets in Singapore. Low Chee Wah will be appointed as Chief Executive Officer of the Singapore retail platform with effect from 15 October 2019.

Currently, Low is the senior executive vice president/head of retail & commercial at Frasers Property Singapore. He joined Frasers Property Singapore in 2007 and has held various senior leadership positions.