Jonathan Yap

President, CapitaLand Financial at Capitaland

Jonathan Yap is President, CapitaLand Financial of CapitaLand Group. Jonathan oversees the Group’s fund platform which includes seven listed trusts with a total market capitalisation of approximately S$36 billion as of 31 December 2019, as well as over 20 private funds. He also oversees the Group’s India business. Jonathan is a member of the CapitaLand Executive Committee.

CapitaLand’s fund platform, valued at approximately S$73.7 billion of fund assets under management (AUM) as at 31 December 2019, makes CapitaLand the top real estate investment manager in Asia and 9th largest in the world. The Group is targeting further growth to S$100 billion of fund AUM by year 2024. CapitaLand’s business in India, which was added as the Group’s newest core geography post its merger with Ascendas-Singbridge (ASB), is committed to growing its AUM from approximately S$3.2 billion as at 31 December 2019 to S$7 billion in 2024. Jonathan will be overseeing both CapitaLand’s fund platform as well as the Group’s business in India to reach the targets set.

Prior to joining CapitaLand in July 2019, Jonathan was the Group Chief Operating Officer (COO) and Group Chief Financial Officer (CFO) of ASB. As Group COO, he oversaw ASB’s operations in Korea and expansion into new markets. In his capacity as Group CFO, Jonathan supervised the finance, corporate strategy and development, and enterprise risk management functions of ASB. Jonathan started working at ASB since its formation in June 2015 and was concurrently the CIO as well as the Head of Real Estate Funds for the first two years of the company.

Before ASB’s formation, Jonathan was with Ascendas Pte Ltd. He was appointed CEO, India from 2010 to 2015, CEO, India Funds from 2007 to 2014 and CEO, India Operations from 2004 to 2007. During which, he led the listing of the award-winning Ascendas India Trust on the Singapore Exchange. He was also the Assistant Group CEO for Overseas Funds & India of Ascendas Pte Ltd from 2012 to 2015.

Jonathan holds a Bachelor of Science in Estate Management (Honours) and a Master of Science in Project Management, National University of Singapore.


  • President, CapitaLand Financial

    Current role

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