CapitaLand Limited (CapitaLand) announced that Mr. Ng Kee Choe will retire as Chairman and director of CapitaLand at the conclusion of its next annual general meeting (AGM) scheduled for April 2021. Mr. Miguel Ko, currently Deputy Chairman of CapitaLand, will succeed Mr. Ng as Chairman when Mr. Ng retires next year. This follows the completion of due process to consider suitable candidates, including internal candidates. Mr. Ko has been Deputy Chairman and a Non-Executive, Non-Independent Director of CapitaLand since August 2019. Mr. Ng joined the CapitaLand Board in April 2010 and became Chairman in May 2012. Mr. Ng has made long lasting contributions to CapitaLand, overseeing the laying of a firm foundation for CapitaLand to achieve sustainable and stable financial growth and performance whilst entrenching sound corporate governance practices and embracing sustainability as a corporate value.