City Developments Executive and Leadership Team

September, 2026

Leadership Overview

City Developments has 6 executives leading key functions including strategic growth, financial oversight, operational risk, and corporate community engagement.

Focused on global real estate excellence, City Developments delivers diverse property solutions across residential, commercial, and integrated sectors while maintaining a robust international footprint through sustainable development practices.

Leadership Roles at City Developments

  • Chief Executive Officer - Sherman Kwek
  • Executive Director, Group Chief Executive Officer - Sherman Tse
  • Group Chief Financial Officer - Yiong Ming
  • Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance - Reagan Lim
  • President, City Sunshine Club - Chui Foo
  • Senior Executive Secretary To Chief Technology Officer - June Teo
  • Sherman Kwek - Chief Executive Officer

    Sherman Kwek, the Chief Executive Officer at City Developments, directs the overarching strategic vision for the global real estate portfolio. Kwek architects long-term growth initiatives across Asian and European markets, ensuring the company maintains a competitive edge in residential and commercial property development. By aligning corporate objectives with evolving market demands, the Chief Executive Officer optimizes asset performance and drives sustainable value for stakeholders. Sherman Kwek monitors the integration of new property acquisitions into the existing portfolio, fostering expansion in key international sectors. This leadership role involves constant collaboration with the Board to refine investment strategies and enhance operational efficiency. Through rigorous oversight of development projects, the Chief Executive Officer secures the company's position as a premier global real estate entity. Kwek prioritizes innovation in building design and property management to meet modern urban requirements, ultimately strengthening the market presence of City Developments.
    Sherman Kwek

    Sherman Tse - Executive Director, Group Chief Executive Officer

    Sherman Tse, the Executive Director, Group Chief Executive Officer at City Developments, manages the high-level execution of corporate governance and group-wide operational standards. Tse oversees the alignment of diverse business units, ensuring consistent performance across the global real estate landscape. By directing the implementation of group policies, the Executive Director, Group Chief Executive Officer maintains strict adherence to international real estate regulations and internal quality benchmarks. Sherman Tse coordinates with senior leadership to streamline decision-making processes, facilitating rapid response to shifting economic conditions in global markets. This role involves evaluating the financial health of integrated developments and shopping malls to maximize portfolio returns. Through strategic resource allocation, the Executive Director, Group Chief Executive Officer supports the company's mission of delivering high-quality property assets. Tse drives organizational excellence by fostering a culture of accountability and precision, ensuring that City Developments achieves its long-term growth targets.

    Yiong Ming - Group Chief Financial Officer

    Yiong Ming, the Group Chief Financial Officer at City Developments, directs the financial strategy and capital management for the entire organization. Ming oversees fiscal planning, budgeting, and investment analysis, ensuring the company maintains a strong balance sheet while pursuing international expansion. By monitoring global market trends, the Group Chief Financial Officer identifies opportunities for capital optimization and risk mitigation in property development projects. Yiong Ming collaborates with the executive team to evaluate the financial viability of new acquisitions and integrated developments. This leadership role involves managing investor relations and ensuring transparent financial reporting across all operational regions. Through precise financial modeling and cost control measures, the Group Chief Financial Officer supports the company's ability to fund large-scale real estate ventures. Ming drives the financial health of City Developments, providing the necessary resources to sustain long-term growth and deliver consistent value to shareholders.

    Reagan Lim - Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance

    Reagan Lim, the Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance at City Developments, architects the framework for operational risk assessment and regulatory adherence. Lim directs the implementation of compliance protocols across all global property sectors, ensuring that development activities meet international legal standards. By analyzing potential operational vulnerabilities, the Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance mitigates threats to the company's diverse portfolio of shopping malls and residential buildings. Reagan Lim coordinates with the Chief Operating Officer to refine internal processes, enhancing efficiency and safety in daily operations. This role involves conducting regular audits and providing strategic guidance on risk mitigation to senior management. Through rigorous oversight of compliance programs, the Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance protects the reputation and operational integrity of City Developments.

    Chui Foo - President, City Sunshine Club

    Chui Foo, the President, City Sunshine Club at City Developments, directs the corporate social responsibility and community engagement initiatives. Foo oversees the development of programs that foster positive relationships with residents and stakeholders within the company's property ecosystem. By architecting community-focused events and support services, the President, City Sunshine Club enhances the value proposition of residential and integrated developments. Chui Foo coordinates with internal teams to ensure that social impact goals align with the broader corporate mission of City Developments. This role involves managing outreach efforts that promote sustainable living and community well-being across the company's global footprint. Through active engagement and the creation of inclusive environments, the President, City Sunshine Club strengthens the brand loyalty of tenants and residents. Foo drives the company's commitment to social excellence, ensuring that City Developments remains a trusted and responsible leader in the international real estate industry.

    June Teo - Senior Executive Secretary To Chief Technology Officer

    June Teo, the Senior Executive Secretary To Chief Technology Officer at City Developments, coordinates the administrative and operational workflows supporting the technology division. Teo facilitates communication between the Chief Technology Officer and various departments, ensuring the seamless integration of digital infrastructure within property management systems. By managing complex scheduling and project documentation, the Senior Executive Secretary To Chief Technology Officer enables the technology team to focus on architecting scalable solutions for residential and commercial buildings. June Teo tracks the progress of digital transformation initiatives, providing essential support for the implementation of smart building technologies across the global portfolio. This role involves maintaining high standards of data security and operational efficiency within the technology department. Through meticulous organization and proactive problem-solving, the Senior Executive Secretary To Chief Technology Officer enhances the productivity of the technical leadership, directly contributing to the technological advancement of City Developments.

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    Frequently Asked Questions Regarding City Developments Top Executives and Leadership Team

    Who leads City Developments?
    City Developments is led by Sherman Kwek (Chief Executive Officer), along with executives such as Sherman Tse (Executive Director, Group Chief Executive Officer) and Yiong Ming (Group Chief Financial Officer).
    Who is part of City Developments’s executive team?
    The executive team of City Developments includes leaders such as Sherman Kwek (Chief Executive Officer), Sherman Tse (Executive Director, Group Chief Executive Officer), Yiong Ming (Group Chief Financial Officer) and other senior executives.
    How many executives does City Developments have?
    City Developments has 6 executives leading key business areas.
    What roles are included in City Developments’s leadership team?
    The leadership team of City Developments includes roles such as Chief Executive Officer, Executive Director, Group Chief Executive Officer, Group Chief Financial Officer, Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance, President, City Sunshine Club.