Wang On Group appoints Nick Tang as executive director; CapitaLand Ascott Trust names Joanne Tan CFO
Wang On Group has appointed Nick Tang, CEO of its 75%-owned subsidiary Wang On Properties, as an executive director. CapitaLand Ascott Trust named Joanne Tan Siew Bee as its new CFO, while Pimco Prime Real Estate promoted Kunihiko Amino to head its Japan business.
Hong Kong-listed property group Wang On Group appointed Nick Tang as an executive director on 1 November, according to an announcement to the Hong Kong stock exchange. Tang, 39, remains chief executive of 75%-owned subsidiary Wang On Properties. He joined the group in 2011 as an assistant general manager, and is the son of chairman Tang Ching Ho and husband of executive director Stephanie Tang. Tang has served as an executive director of Wang On Properties since December 2015. His brother Jason Tang, 30, general manager of strategic development at subsidiary China Agri-Products Exchange, joined the board the same day.
Singapore-listed lodging trust CapitaLand Ascott Trust, which reported S$8.7 billion (US$6.8 billion) in assets in its third-quarter business update, named Joanne Tan Siew Bee as chief financial officer from 1 November, according to an announcement to the Singapore exchange. Tan, chief financial officer designate since 1 May, spent 16 years as chief financial officer of CapitaLand China Trust Management after taking that post in 2010. She succeeds Kang Siew Fong, who held the role since 2012 and becomes an advisor to the trust’s managers.
Real estate investment manager Pimco Prime Real Estate, formerly Allianz Real Estate, named Kunihiko Amino as head of Japan from September, according to his LinkedIn profile. Amino had led asset management in Japan for the firm since August 2021. Before that, he spent eight years at Touchstone Capital Management, where he became head of asset management in 2019, following four years at Sanko Estate. Amino, a member of the Royal Institution of Chartered Surveyors, studied at Keio University.
Hirokuni Tadokoro became president of logistics REIT manager GLP Japan Advisors on 15 October, replacing Yuma Kawatsuji, who resigned and left the board after having led the manager since March 2024, according to an announcement to the Tokyo stock exchange. Tadokoro joined the manager’s board in 2023 and had been Japan chief financial officer of developer GLP Japan since 2019. He previously spent seven months as a director at Mizuho Securities and 14 years at Prologis, where he became chief financial officer in 2013. Ares Management has owned the manager since completing its US$3.7 billion purchase of GLP’s non-China fund business last year.
Han Bin resigned as chief financial officer of Beijing-based developer Sunshine 100 China Holdings on 29 October, according to an announcement to the Hong Kong stock exchange, just one day before Hong Kong’s High Court ordered the company wound up on 30 October. Han took the finance post in November 2021, weeks before the developer’s US$179 million bond default weeks later, after finance roles at Dalian Wanda Group and Shenzhen-listed Aoyuan Beauty Valley Technology. Han also left his post as joint company secretary, alongside Anne Yu, who also resigned as authorised representative.
Hong Kong lawmaker Kenneth Lau Ip Keung joined the boards of developer Sino Land and its Tsim Sha Tsui Properties and Sino Hotels units as an independent non-executive director on 27 October, according to an announcement to the Hong Kong stock exchange. Lau, 60, sits on the Executive Council that advises the city’s chief executive and chairs the Heung Yee Kuk, which represents New Territories rural communities. He succeeds Adrian Li Man-kiu, who retired from the Sino Land and Tsim Sha Tsui Properties boards after more than 21 years, as chair of their audit and remuneration committees, a year after the Sino Group chairmanship passed to Daryl Ng.
Asset manager Heiwa Real Estate Asset Management, which runs Tokyo-listed Heiwa Real Estate REIT, named executive officer Naoya Matsumoto as chief compliance officer and head of its compliance and risk management office from 1 November, according to an announcement to the Tokyo stock exchange. Matsumoto has headed the manager’s internal audit office since December 2025, when he moved from leading its business management department, according to an earlier announcement. Listed sponsor Heiwa Real Estate owns the manager outright.
Nicholas Keong has taken over auctions at property consultancy Knight Frank Singapore, adding the business to his role as executive director and head of residential and private office, according to his LinkedIn profile. Keong, who joined the firm from JLL in 2019, replaces Tee Khoon Tan, who headed auctions after returning in 2025 and whose last day is 31 December, according to a LinkedIn post. Chief executive Galven Tan, hired from Savills in 2024, resigned in July, according to The Straits Times.
