Mr Lee Seow Hiang, chief executive of airport operator Changi Airport Group (CAG), will step down from his role on July 1, after 15 years at the helm.
Mr Yam Kum Weng, CAG's executive vice-president for airport development, who has been leading the Changi East project, has been named his successor, CAG said in a statement on April 9.
Mr Lee, 54, will also step down as a CAG board director, as well as the chairman of Changi Airports International (CAI), the consultancy and investment arm of CAG, and Jewel Changi Airport Development, which runs Jewel, the lifestyle and entertainment complex at the airport.
Mr Yam, 59, will be named a CAG board director and the chairman of CAI from July 1.
CAG spokesman Ivan Tan told The Straits Times that the new chairman of Jewel Changi Airport Development, a joint venture between CAG and CapitaLand Development, will be announced in due course.
"As Jewel Changi Airport Development is a joint venture, it is appropriate that the shareholders discuss this first," he said.
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