The Board of Directors of City Developments Limited (CDL) announced the appointment of Mr. Clarence Tan (age 52) as the Group Chief Executive Officer (Group CEO) for Millennium & Copthorne Hotels Limited (M&C), with effect from 2 April 2020. As the first CEO for the privatised M&C, Mr. Tan will spearhead a turnaround in the performance of M&C's global hotel portfolio which encompasses 150 hotels and 43,500 rooms worldwide, many in key gateway cities. Reporting to CDL and M&C Executive Chairman Mr. Kwek Leng Beng, he will work closely with the CDL leadership team to deliver sustainable hotel performance by focusing on achieving synergies, cost efficiencies and driving profitability. He was most recently the Managing Director for South East Asia and Korea with InterContinental Hotels Group (IHG) where he was responsible for the growth, financial and operational performance of about 100 hotels in South East Asia and Korea.