Sherman Kwek Eik Tse

Group CEO at City Developments Limited

Mr Kwek assumed his current role as Group Chief Executive Officer in January 2018. He is responsible for setting and implementing the business direction and strategies for the CDL Group as endorsed by the Board, providing leadership to drive the pursuit of the Group’s strategic objectives, and having overall management oversight of the Group’s performance. He has held the position of Executive Chairman of CDL China Limited since 2016.

Prior to joining CDL, Mr Kwek was the CEO of City e-Solutions Limited (now known as China Tian Yuan Healthcare Group Limited), a Hong Kong-listed company that was formerly a subsidiary of the Group and which was engaged in the provision of hotel management and electronic distribution services to the global hospitality industry. It was divested by CDL in 2016 for a substantial gain on sale.

Since 2019, Mr Kwek has served as a board member of Business China, which aims to nurture an inclusive bilingual and bicultural group of Singaporeans to sustain Singapore’s multi-cultural heritage and develop a cultural and economic bridge linking the world and China. In 2020, he was appointed to the Board of Trustees of the Chinese Development Assistance Council (CDAC), a non-profit self-help group for the Chinese community, and in 2021, he was appointed as a member of the SingHealth Property Committee of Singapore Health Services Pte Ltd.

Mr Kwek stepped down from Singapore Chinese Chamber of Commerce and Industry (SCCCI) on 14 March 2022 after serving as a Council Member for 9 years and relinquished his appointments as a Council Member of SCCCI as well as the Chairman of its Youth Business Affairs Committee.

Mr Kwek was also formerly a member of the Council for Board Diversity and a board member of the Building and Construction Authority (BCA).

He graduated from Boston University, USA with a Bachelor of Science in Business Administration, majoring in Finance and Marketing with a minor in Psychology.

Timeline

  • Group CEO

    Current role

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