City Developments Executive and Leadership Team

July, 2026

Leadership Overview

City Developments has 6 executives leading key functions including strategy, finance, technology, risk, and operations.

Driven by a commitment to sustainable development, City Developments shapes urban landscapes globally, focusing on integrated projects that enhance community living and economic vitality.

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 company's global real estate development and investment strategies. Overseeing all major operational facets, Kwek ensures alignment with CDL's long-term vision for sustainable urban growth and integrated property solutions. This leadership role involves driving expansion across diverse property types, including residential, commercial, and retail spaces, in key international markets. By fostering innovation in development practices, Sherman Kwek enhances the company's market position and commitment to creating value for stakeholders. The Chief Executive Officer's purview extends to managing significant capital allocation and steering the company through evolving global economic conditions, ensuring robust financial performance and operational excellence.
    Sherman Kwek

    Yiong Ming - Group Chief Financial Officer

    Yiong Ming, the Group Chief Financial Officer at City Developments, oversees the comprehensive financial operations and strategic fiscal planning for the global enterprise. This critical position involves managing all aspects of financial reporting, capital management, and investment analysis across CDL's extensive property portfolio. Ming ensures robust financial controls and compliance with international accounting standards, supporting the company's expansion into new markets and property sectors. The Group Chief Financial Officer's responsibilities include developing financial models to assess project viability and optimize returns on investment. By driving financial discipline and strategic resource allocation, Yiong Ming directly contributes to the sustained growth and profitability of City Developments worldwide. This role is pivotal in securing funding for new developments and managing relationships with financial institutions.

    Shelly Wu - Deputy Chief Financial Officer

    Shelly Wu, the Deputy Chief Financial Officer at City Developments, supports the Group Chief Financial Officer in managing the company's financial health and strategic fiscal direction. This position involves assisting with financial planning, budgeting, and forecasting across CDL's diverse international property portfolio. Wu plays a key part in ensuring accurate financial reporting and maintaining compliance with global accounting standards. The Deputy Chief Financial Officer's responsibilities include analyzing financial data to identify trends and opportunities for improved efficiency and profitability. By contributing to sound financial management, Shelly Wu aids in optimizing resource allocation and supporting CDL's ongoing development projects. This role is crucial for the day-to-day financial operations and strategic financial initiatives.

    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, spearheads the company's comprehensive risk assessment and compliance frameworks. This vital function ensures adherence to all regulatory requirements and mitigates potential operational and financial risks across CDL's global operations. Lim develops and implements robust policies and procedures to safeguard the company's assets and reputation. The Head of Risk Management and Compliance's duties include conducting thorough risk analyses for new projects and existing developments. By maintaining stringent compliance standards, Reagan Lim supports the company's commitment to ethical business practices and sustainable growth. This role is essential for navigating complex legal landscapes and ensuring operational integrity.

    Chui Foo - President, City Sunshine Club

    Chui Foo, the President, City Sunshine Club at City Developments, leads initiatives focused on community engagement and resident well-being within CDL's residential developments. This role emphasizes fostering a vibrant community atmosphere and enhancing the lifestyle offerings for residents. Foo directs programs and services designed to enrich the living experience, ensuring resident satisfaction and loyalty. The President, City Sunshine Club's responsibilities include overseeing the operational aspects of resident-focused amenities and activities. By cultivating strong community bonds, Chui Foo supports CDL's reputation for creating desirable and sustainable living environments. This leadership position involves close collaboration with property management teams to deliver exceptional resident services and maintain high standards across all managed properties.

    June Teo - Senior Executive Secretary To Chief Technology Officer

    June Teo, the Senior Executive Secretary To Chief Technology Officer at City Developments, provides critical administrative and operational support to the Chief Technology Officer. This role ensures the efficient functioning of the technology department by managing schedules, coordinating meetings, and facilitating communication across various teams. Teo handles confidential information and plays a key part in organizing project documentation and tracking key technology initiatives. The Senior Executive Secretary To Chief Technology Officer's responsibilities include preparing reports and presentations to support strategic technology planning. By streamlining administrative processes, June Teo enables the Chief Technology Officer to focus on driving technological innovation and digital transformation within City Developments. This position is integral to the smooth operation of the technology division.

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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.