City Developments Executive and Leadership Team

August, 2026

Leadership Overview

City Developments has 6 executives leading key functions including strategy, financial oversight, risk management, technology coordination, and community engagement.

Focused on sustainable urban growth, City Developments delivers high-quality residential, commercial, and integrated properties while maintaining a robust global real estate portfolio across Asia and Europe.

Leadership Roles at City Developments

  • Chief Executive Officer - Sherman Kwek
  • Group Chief Financial Officer - Yiong Ming
  • Deputy Chief Financial Officer - Shelly Wu
  • 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 this global real estate enterprise. Kwek manages the expansion of residential and commercial property portfolios across diverse international markets, ensuring alignment with long-term growth objectives. By coordinating with the Board and senior leadership, the Chief Executive Officer drives operational excellence and sustainable development practices. Sherman Kwek prioritizes the integration of innovative property solutions to maintain a competitive edge in the global real estate sector. This leadership role involves navigating complex market dynamics while fostering value creation for stakeholders. Through rigorous oversight of regional operations, the Chief Executive Officer secures the company's position as a premier developer. Kwek maintains a focus on capital efficiency and portfolio diversification, ensuring that the organization remains resilient against shifting economic conditions while pursuing new opportunities for expansion in key global territories.
    Sherman Kwek

    Yiong Ming - Group Chief Financial Officer

    Yiong Ming, the Group Chief Financial Officer at City Developments, manages the financial health and capital structure of the organization. Ming oversees global fiscal reporting, treasury operations, and investment analysis to support the company's extensive real estate development activities. By directing financial planning and budgeting processes, the Group Chief Financial Officer ensures the availability of resources for large-scale integrated projects. Yiong Ming collaborates with executive leadership to optimize capital allocation and mitigate financial risks across international markets. This role involves maintaining strong relationships with investors and financial institutions to facilitate growth. Through precise management of balance sheets and cash flow, the Group Chief Financial Officer strengthens the company's market position. Ming drives fiscal discipline and transparency, providing the necessary data to inform strategic decisions regarding property acquisitions and divestments, ultimately securing the long-term financial stability of the entire real estate portfolio.

    Shelly Wu - Deputy Chief Financial Officer

    Shelly Wu, the Deputy Chief Financial Officer at City Developments, supports the execution of financial strategies and operational accounting functions. Wu assists in the management of corporate finance, tax planning, and internal controls to ensure compliance with global regulatory standards. By analyzing financial performance metrics, the Deputy Chief Financial Officer provides critical insights that guide the allocation of capital toward high-growth real estate sectors. Shelly Wu coordinates with the Group Chief Financial Officer to streamline reporting processes and enhance financial visibility across regional operations. This leadership role involves monitoring project-level profitability and ensuring that development costs align with corporate budgets. Through meticulous oversight of financial systems, the Deputy Chief Financial Officer facilitates efficient resource management. Wu contributes to the overall financial resilience of the organization by identifying cost-saving opportunities and optimizing the capital structure to support the company's ongoing expansion in diverse international property markets.

    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 safety and regulatory adherence. Lim oversees the identification and mitigation of enterprise-wide risks, ensuring that all development projects meet stringent legal and safety standards. By directing compliance initiatives, the Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance protects the company from potential liabilities in complex global markets. Reagan Lim collaborates with operational teams to integrate risk assessment into the project lifecycle, from initial planning to final construction. This role involves establishing robust governance protocols that safeguard the organization's reputation and assets. Through continuous monitoring of the regulatory landscape, the Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance ensures that all business activities remain aligned with corporate policies, thereby fostering a culture of accountability and operational integrity across all regional operations.

    Chui Foo - President, City Sunshine Club

    Chui Foo, the President, City Sunshine Club at City Developments, directs community engagement and social responsibility initiatives. Foo oversees the development and execution of programs that foster employee well-being and community connection, reflecting the company's commitment to social impact. By managing the activities of the City Sunshine Club, the President, City Sunshine Club drives internal culture and external outreach efforts that align with the organization's values. Chui Foo coordinates with various departments to organize events and initiatives that strengthen the company's relationship with stakeholders and the broader public. This leadership role involves promoting a positive corporate image through active participation in social and charitable endeavors. Through the strategic management of community-focused programs, the President, City Sunshine Club enhances the company's reputation as a socially conscious real estate leader. Foo ensures that these initiatives contribute to a supportive environment, ultimately reinforcing the company's mission to create sustainable and vibrant communities.

    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 for the technology division. Teo manages the scheduling, communication, and project tracking necessary for the Chief Technology Officer to drive digital transformation across the real estate portfolio. By facilitating collaboration between technical teams and executive leadership, the Senior Executive Secretary To Chief Technology Officer ensures that technology initiatives support the company's core business objectives. June Teo organizes critical meetings and documentation, allowing the technology department to focus on implementing smart building solutions and data-driven property management systems. This role involves maintaining high levels of efficiency in the daily operations of the technology office. Through proactive management of information flow, the Senior Executive Secretary To Chief Technology Officer enables the seamless integration of new technologies into the company's diverse property developments, ultimately enhancing the user experience and operational performance of the entire real estate portfolio.

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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 Yiong Ming (Group Chief Financial Officer) and Shelly Wu (Deputy 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), Yiong Ming (Group Chief Financial Officer), Shelly Wu (Deputy 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, Group Chief Financial Officer, Deputy Chief Financial Officer, Principal Staff Officer To Group Chief Operating Officer. Head of Risk Management and Compliance, President, City Sunshine Club.