City Developments Executive and Leadership Team

May, 2026

Leadership Overview

City Developments has 5 executives leading key functions including strategy, finance, operations, technology, and administration.

Driven by a commitment to sustainable urban development, City Developments shapes global cityscapes through innovative real estate solutions, focusing on integrated developments and a comprehensive portfolio across Asia, Europe, and beyond.

Leadership Roles at City Developments

  • Chief Executive Officer - Sherman Kwek
  • Deputy Chief Financial Officer - Shelly Wu
  • Group Chief Financial Officer - Yiong Ming
  • Group Chief Operating Officer - Kwek Sheng
  • 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 overarching strategy and global operations. Kwek guides the development of diverse property types, including shopping malls, residential buildings, and integrated developments, aligning these initiatives with the company's expansion across Asia, Europe, and other international markets. This leadership role involves setting the strategic vision for City Developments, ensuring sustained growth and market leadership in the competitive real estate industry. Kwek oversees the execution of major projects, driving innovation in urban development and maintaining the company's comprehensive portfolio. By focusing on long-term value creation, Sherman Kwek ensures City Developments remains a significant player in the international real estate sector, emphasizing sustainable practices and robust financial performance.
    Sherman Kwek

    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 planning. Wu contributes to the oversight of financial operations across City Developments' global portfolio, which spans Asia, Europe, and other international markets. This role involves assisting in the analysis of financial performance, budgeting, and forecasting for diverse property types, including shopping malls and residential buildings. Shelly Wu plays a part in ensuring compliance with financial regulations and implementing robust internal controls. The Deputy Chief Financial Officer's responsibilities extend to supporting capital allocation decisions and contributing to the financial strategy that underpins the company's expansion in various real estate sectors worldwide, reinforcing City Developments' market position.

    Yiong Ming - Group Chief Financial Officer

    Yiong Ming, the Group Chief Financial Officer at City Developments, directs the company's comprehensive financial strategy and management across its global operations. Ming oversees all aspects of financial planning, reporting, and capital allocation for diverse property types, including shopping malls, residential buildings, and integrated developments, spanning Asia, Europe, and other international markets. This critical role involves ensuring the financial stability and profitability of City Developments, managing risk, and identifying opportunities for strategic investment and growth. Yiong Ming works closely with other executive leaders to align financial objectives with the company's overall business goals, driving expansion and maintaining a robust portfolio. The Group Chief Financial Officer's leadership is essential for City Developments' sustained success and its position as a significant international real estate player.

    Kwek Sheng - Group Chief Operating Officer

    Kwek Sheng, the Group Chief Operating Officer at City Developments, orchestrates the day-to-day operational execution across the company's extensive global real estate portfolio. Sheng directs the efficient management of diverse property types, including shopping malls, residential buildings, and integrated developments, ensuring seamless operations in Asia, Europe, and other key international markets. This leadership position involves optimizing operational processes, driving efficiency in project delivery, and maintaining high standards across all developments. Kwek Sheng is responsible for overseeing the operational integration of new acquisitions and developments, contributing directly to the company's expansion strategy. By focusing on operational excellence, Kwek Sheng ensures that City Developments consistently delivers on its commitments and strengthens its presence in various real estate sectors worldwide.

    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, facilitating the smooth functioning of technology initiatives. Teo manages complex scheduling, coordinates communication, and organizes key meetings related to the company's technology strategy and implementation across its global real estate operations. This role involves ensuring efficient workflow and information management within the technology department, supporting the development and deployment of digital solutions for shopping malls, residential buildings, and integrated developments. June Teo's contributions are vital for the effective execution of technology-driven projects that enhance City Developments' market presence in Asia, Europe, and beyond, underpinning the company's ongoing expansion and operational efficiency in the real estate sector.

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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 Shelly Wu (Deputy Chief Financial 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), Shelly Wu (Deputy Chief Financial Officer), Yiong Ming (Group Chief Financial Officer) and other senior executives.
    How many executives does City Developments have?
    City Developments has 5 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, Deputy Chief Financial Officer, Group Chief Financial Officer, Group Chief Operating Officer, Senior Executive Secretary To Chief Technology Officer.