Executive Leadership

Lee Yeow Seng

Lee Yeow Seng

Group Chief Executive Officer

Lee Yeow Seng is the Group Chief Executive Officer of IOI Properties Group (“IOIPG”). He was appointed to the Board of IOIPG on 25 February 2013 as Executive Director, and subsequently held the position of Chief Executive Officer from 8 January 2014 until 14 April 2020. On 15 April 2020, Mr. Lee was appointed to Executive Vice Chairman and on 1 July 2023, he resumed the position of Group Chief Executive Officer.

Mr. Lee is a barrister-at-law from the Bar of England & Wales by Inner Temple and holds a LLB (Honours) from King’s College London. He has also served at the London and Singapore offices of a leading international financial services group for approximately two (2) years.

In leading IOIPG, he provided resolute leadership in formulating high-level strategies to sustain growth across all business segments for the Group and led the transformation to increase the presence across Malaysia, Singapore and the People’s Republic of China (PRC).

Under his stewardship, IOIPG strengthened its presence in Singapore. In 2016, the Group acquired a site within the Marina Bay Financial Centre for the development of IOI Central Boulevard Towers, a premium Grade A office space, and in 2017, commemorated the grand opening of JW Marriot Hotel Singapore, South Beach (a JV development). The Group further increased its footprint in 2021 by acquiring a 0.78 hectare land to develop Marina View Residences and a 350-room hotel, the W Singapore - Marina View.

In the PRC, the Group continued to bolster its presence in Xiamen since its first foray of acquiring a 7.7-acre site in the Jimei District to develop IOI Park Bay and subsequently, securing an additional 44 acres of land to establish IOI Palm City that features the Group’s first retail mall there, namely IOI Mall Xiamen, which opened its doors in 2021. Apart from this, the Group acquired a 6.2-acre land in Xiang’an, Xiamen for a mixed residential and commercial development, IOI Palm International Parkhouse, which was launched in 2019.

Mr. Lee Yeow Seng is poised to elevate IOIPG with his unwavering leadership and acute business acumen in delivering excellence across Malaysia, Singapore and Xiamen, PRC.

Teh Chin Guan

Teh Chin Guan

Group Chief Operating Officer –
Property Development (Malaysia)

Mr Teh Chin Guan holds a Bachelor of Engineering (Honours) degree from Universiti Teknologi Malaysia. He is currently a member of the Harvard Club of Malaysia.

Before joining IOI Group’s property division in year 2006, Mr Teh had held various senior positions in Berjaya Land Bhd and he brings with him many years of experience from the property and construction industry. He joined the organisation in August 2006 as an Assistant General Manager in the property division and was promoted to General Manager in July 2009.

Mr Teh was subsequently promoted to Property Director on 2 July 2012 and redesignated to his current position as Chief Operating Officer of IOI Properties Group in 2014 after the de-merger of the property division. He has since played a major role in contributing towards the Group’s property development in the growth corridor of the Klang Valley.

Following the appointment of the Group Chief Operating Officer on 1 July 2023, Mr Teh is responsible for the Property Development segment of Malaysia, including Group Sales, Marketing & Branding, Group Quality Management and Group People & Culture.

Chris Chong Voon Fooi

Chris Chong Voon Fooi

Chief Operating Officer –
Property Investment (Malaysia)

Mr Chris Chong Voon Fooi holds a Bachelor of Arts (Honours) in International Business Administration from Northumbria University of Newcastle.

He has more than 23 years of experience in shopping mall development and management. Prior to joining IOI Properties Group, property division, he had worked for a leading shopping mall operator in Kuala Lumpur holding various roles in development, leasing, marketing, operations and procurement over the span of 11 years.

He joined IOI Properties Group, property division in 2011 as Head of Marketing and Leasing for IOI City Mall and promoted to General Manager in 2014. He was subsequently promoted to Senior General Manager in 2020 and was responsible for the overall operations of Retail Malls.

Following the appointment of Chief Operating Officer – Property Investment on 1 July 2023, Mr Chris Chong currently oversees the Property Investment segment of Malaysia covering the Retail Malls, Offices, Hospitality and Leisure business segments.

Lim Beng Yeang

Lim Beng Yeang

Chief Operating Officer
(Southern Region)

Mr Lim Beng Yeang holds a Bachelor of Science (Honours) in Housing Building & Planning from Universiti Sains Malaysia.

He has over thirty-three (33) years of experience in areas such as township planning, designs development, contracts administration, project management and construction, building management services and sales marketing. He is presently responsible for the Group’s property development business in Johor.

Prior to joining IOI Group, he was a Senior Construction Manager and he has also worked in Indonesia during his tenure with MBf Property Services Sdn Bhd.

Lorraine Shiow Sou Ching

Lorraine Shiow Sou Ching

Chief Executive Officer
(IOI Properties Singapore)

Ms Lorraine Shiow has assumed the role of Chief Executive Officer of IOI Properties Singapore, effective 18 April 2024. In this capacity, she will strategise and manage IOI Properties Group’s portfolio of ongoing and new developments in Singapore to ensure sustainable growth throughout, while enhancing the Group’s visibility and reaffirming its reputation as a top-tier real estate entity in the region.

Ms Shiow brings over three decades of extensive experience and broad regional perspectives from her leadership roles in the Asia Pacific real estate development and fund management industries. Prior to joining IOI Properties Singapore, she served as CEO of Frasers Property, China, overseeing the Group’s residential, commercial, and logistics businesses, as well as investment and business development in the People’s Republic of China (PRC).

Her distinguished career also includes roles as Chief Operating Officer for Singapore and Southeast Asia, and Executive Vice President for International Markets, where she developed and executed strategies across growth markets. From 2021 to 2022, she also served as Acting Chief Operating Officer for Singapore Residential Development. Ms. Shiow has held directorial and management positions at ARA Asset Management, ING Real Estate Asia, IPREAM (a joint venture between CapitaLand and ING Real Estate), and CapitaLand (Financial).

Ms Shiow holds a Bachelor of Science with Honours in Real Estate from the National University of Singapore.

David William Tibbott

David William Tibbott

Managing Director -
Asset Management (IOI Properties Singapore)

Mr David Tibbott commenced his role as Managing Director, Asset Management, for IOI Properties Singapore as of 1 March 2024. His responsibility encompasses the asset management and maintenance of IOI Central Boulevard Towers, which includes setting new standards by innovating its people-centric design, implementing cutting-edge technologies, and driving sustainability initiatives, for the future of work.

Mr Tibbott brings over two decades of extensive experience in asset management, investment, and development, having held pivotal roles with some of Asia’s leading regional developers and private equity real estate firms.

Prior to joining IOI Properties Singapore, he served as the Head of Singapore and Regional Head of Asset Management at Chelsfield, where he successfully managed the opening of Lazada One at Bras Basah. Previously, he was the Senior Vice President at Frasers Property Limited in Bangkok, overseeing retail investment, asset management, and development in Thailand.

Mr Tibbott holds a Master’s degree from the University of Cambridge.

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