CapitaLand Limited announced that Mr. Jonathan Yap Neng Tong will be appointed President, CapitaLand Financial on 1 July 2019 to oversee CapitaLand Group's real estate investment trusts and business trusts, as well as private and third-party funds. He will also oversee the Group's India business. Prior to 1 July 2019, Mr. Yap is the Group Chief Operating Officer and Group Chief Financial Officer of Ascendas-Singbridge Pte. Ltd. As President, CapitaLand Financial, Mr. Yap will be a key member of the management team responsible for developing and executing the enlarged Group's growth strategy. Mr. Yap is currently a director of Ascendas Property Fund Trustee Pte. Ltd., as manager of Ascendas India Trust which is listed on the Singapore Exchange Securities Trading Limited.